Consolidation Details etc.

ASSOCIATED BRITISH ENGINEERING PLC
4 August 1999

CONSOLIDATION & SUB-DIVISION DETAILS
COMPANY NAME
*ASSOCIATED BRITISH ENGINEERING PLC
SECURITY TITLE
*Ord Shs
MNEMONIC CODE       *ASBE
SEDOL CODE          *056-003
TERMS     *Consolidation of every 3,000 Ord Shs of 1p into 1 New Ord Shr of £30.
           Each New Ord Share of £30 will be Sub-divided into 15 New Ord Shs of
           £2. 
PROVISIONAL EFFECTIVE DATE *02-09-99
RECORD DATE         *31-08-99
NOTES     *Proposals subject to EGM on 01-09-99.