Disposal

Avon Rubber PLC
1 October 2001


For Immediate Release                          01 October 2001




                              AVON RUBBER p.l.c.


                 DISPOSALS OF INJECTED RUBBER & PLASTICS AND
    NYLAFLOW OPERATIONS AND SUCCESSFUL NEGOTIATION OF FINANCING FACILITIES


Avon Rubber p.l.c. announces the sale of its Automotive Injected Rubber &
Plastics businesses based in Lockport and Albion, New York, USA to Par
Industries LLC on 28 September 2001.

These businesses supply moulded components principally for use in vehicle
radiator and ventilation systems.  Avon Rubber will receive $3.7million in
cash of which $0.9million is deferred until 1 April 2002.  The final
consideration will be subject to a working capital adjustment.

Trading results for the year ended 30 September 2000 showed operating profits
of £0.8million after including £0.8million as the proceeds from insurance
payments for business interruption following the fire at the Albion factory in
April 1999.  For the half year to 31 March 2001 the businesses recorded
operating losses of £0.6million .

The value of net assets employed in the businesses is £2.3million after an
impairment charge of £3.5million which was taken at the half year.

Further, Avon Rubber announces the sale on 14 September 2001 of the Nylaflow
Division of its Cadillac Rubber & Plastics, Inc. subsidiary to members of its
management team.  The Division, based in Cadillac, Michigan, supplies
industrial hose to the North American market.  Avon Rubber expects to realise
approximately £800,000 in respect of the working capital employed in the
business.

The Nylaflow Division produced operating losses of £0.6million in the six
months to 31 March 2001.  An impairment charge of £0.6million was taken
against the assets at the half year and good will of £3.2million previously
written off on acquisition was taken as a charge to profit.

These disposals are in line with the Company's stated intention of
rationalising its portfolio of businesses by seeking to dispose of activities
outside its core business areas.  The sale proceeds have been used to reduce
borrowings.

Avon Rubber stated in its interim results on 16 May 2001 that, as a result of
the exceptional charges which had arisen during the previous twelve months and
the associated deterioration in interest cover, it was in discussions with
certain providers of finance who were seeking substantial increases in
interest rates.  Avon Rubber is pleased to confirm that with the support of
its long-standing bankers it has now successfully concluded these discussions
without any significant effect on its overall rates of interest.

In the Interim Statement, the Company indicated that borrowings were expected
to reduce by the year end.   Borrowings at the interim stage were £69.4million
and it is estimated that these will have reduced to approximately £56million
as at 29 September 2001.


Enquires to:


Avon Rubber p.l.c.
Jayne Hunt                                 Tel: [phone]

Golin/Harris Ludgate
Richard Hews                               Tel: [phone]