Settlement of 'B' share dividend and initial re...

For Immediate Release

                                 BODYCOTE PLC                                  

  RETURN OF CASH TO SHAREHOLDERS - SETTLEMENT OF B SHARE DIVIDEND AND INITIAL  
                                  REDEMPTION                                   

                                                               19 December 2008

Bodycote PLC wishes to provide an update in relation to the Return of Cash,
details of which were set out in the Circular to Shareholders published on 21
November 2008 ("the Circular") and which was approved by Shareholders on 8
December 2008. In accordance with the timetable set out in the Circular the
date for the Initial Redemption of B Shares and the payment of the Single B
Share Dividend was 16 December 2008.

It is expected that cheques will be despatched or CREST accounts credited (as
appropriate) on 19th December 2008 in respect of Shareholders who have chosen
the above alternatives for some or all of their B Shares.

Contacts:

Bodycote plc Telephone - 01625 505 300

John Hubbard, Chief Executive Officer

David Landless, Group Finance Director

Credit Suisse Securities (Europe) Limited Telephone - 020 7888 8888

Chris Byrne

Financial Dynamics Telephone - 020 7269 7278

Jon Simmons

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