Stmnt re Press Comment

Brancote Holdings PLC
8 May 2001



Date                 8 May 2001


Contacts         Richard Prickett, Chairman
                 Brancote Holdings PLC                   020 7493 1002



                 William Staple
                 Benfield Advisory Limited               020 7578 7070



                 David Bick
                 Holborn Public Relations                020 7929 5599
                                            [e-mail]






BRANCOTE HOLDINGS PLC


The board of Brancote has noted weekend press speculation that an offer may be
made for the Company.  The board has not received any approach which may lead
to such an offer and knows of no reason why this speculation has occurred.

                                   - ENDS -