Final Redemption of B Shares

Babcock International Group PLC
21 September 2001



                     BABCOCK INTERNATIONAL GROUP PLC 

                      FINAL REDEMPTION OF 'B' SHARES

Babcock International Group PLC (the 'Company') announces that it is today 
writing to the holders of its remaining redeemable 'B' Shares informing them 
that the remaining 3,747,563 'B' Shares will be compulsorily redeemed on 23 
October 2001 at their nominal value of 18 pence each, together with the accrued 
dividend of 0.35792 pence per 'B' Share payable on that date.

The 'B' Shares were issued in October 2000 to effect a return of capital of 
approximately £30.6 million announced by the Company on 15 September 2000. 
Approximately 97.8% of the 'B' Shares originally issued have already been 
redeemed.

Cheques for the redemption proceeds will be sent to certificated and 
uncertificated shareholders at their registered addresses on 26 October 2001.