Disposal

Disposal 

    LONDON-(BUSINESS WIRE)-May 2, 2002-

Tate & Lyle sells Swazi Interest

Tate & Lyle PLC announces the disposal of its 5% interest in Royal
Swaziland Sugar Corporation Limited. The book value of the investment
was £3million at 30 September 2001. The shares have been bought by
Ingwenyama in trust for the Swazi nation acting through Tibiyo
TakaNgwane.

The disposal is another example of Tate & Lyle delivering on its
strategy to divest of non-core businesses. The proceeds will be used
to reduce Group debt.

   Short Name: Tate & Lyle PLC
   Category Code: DIS
   Sequence Number: 00000110
   Time of Receipt (offset from UTC): 20020502T125432+0100