Sale of CQC Ltd Complete

AVON RUBBER PLC
15 October 1999

 
                   DISPOSAL OF CQC LTD
                            
Avon  Rubber p.l.c. announces that it has today completed
the  sale  of  its subsidiary company, CQC LTD  (formerly
known  as  CQC  PLC)  for a total consideration  of  #1.6
million payable in cash.
 
CQC has been purchased by a new company Crossco (430) Ltd
which has been formed by three existing Directors of CQC,
Mr  Mike Rennie, (Managing Director), Mr Peter Gulliford,
(Marketing   Director)  and  Mr  Alan  Greene,   (Finance
Director).
 
Based in Barnstaple, Devon, CQC employs 157 people in the
manufacture  of  a wide range of advanced  textile  based
clothing  and  personal protection  equipment  for  armed
forces.
 
This   disposal  will  enable  Avon  Rubber's   Technical
Products Division to concentrate on its core activities.
 
For further information please contact:
 
 
Avon Rubber p.l.c.
Bill Taylor, Business Services Director      01373 863 010
 
Ludgate Communications
Richard Hews                                 0171 253 2252
Leone Lewis