Disposal

Avon Rubber PLC 01 August 2006 AVON RUBBER p.l.c. ('Avon Rubber') Disposal of Avon Rubber's Automotive Division On 22 May 2006, Avon Rubber announced that it had entered into a conditional agreement to sell Avon Automotive to Petrol Automotive Holdings Inc., a company established and controlled by Red Diamond Capital, L.P. and a management team led by Leland Richards. It was anticipated that completion would occur by no later than 31 July 2006. Due to the delayed finalisation of certain legal requirements in the Czech Republic, the period for completion has now been extended to 31 August 2006. < ENDS > For further enquiries, please contact: (Local/Trade Press) 01225 896 300 Fiona Stewart Weber Shandwick Square Mile 020 7067 0700 Richard Hews Rachel Taylor Stephanie Badjonat NOTES TO EDITORS: Avon Rubber p.l.c. is an international polymer engineering group adding value through material, manufacturing and industry sector expertise The Group is currently capitalised at approximately £55 million. This information is provided by RNS The company news service from the London Stock Exchange
UK 100

Latest directors dealings