Disposal

Bodycote International PLC
19 October 2000


BODYCOTE SELLS ITS PVD EQUIPMENT MANUFACTURING BUSINESS FOR £24.2 MILLION

Bodycote International plc ('Bodycote' or 'the Group'), the international
metallurgical processing group, is pleased to announce that it has agreed the
sale of its physical vapour deposition ('PVD') equipment manufacturing
business, Hauzer Techno Coating Europe BV ('HTCE'), a subsidiary of Hauzer
Industries BV, to Ipsen International GmbH ('Ipsen'), a subsidiary of Ruhrgas
Industries GmbH ('Ruhrgas') of Germany.  Bodycote will retain the other two
subsidiaries of Hauzer Industries BV, namely Bodycote Hardingscentrum BV and
Hauzer Coating Centrum BV, which provide heat treatment services and PVD
services respectively.

The total consideration for the sale is NLG 90.0 million (£24.2 million), all
of which was satisfied in cash on 18 October 2000. The net proceeds of the
disposal will be used for general corporate purposes.

The business being disposed of had sales of NLG 61.1 million (£18.3 million),
earnings before interest and tax of NLG 11.2 million (£3.3 million), and
contributed £2.9 million to the Group's consolidated pre-tax profit for the
year ended 31 December 1999.  The business being disposed of had net assets of
NLG 20.1 million (£5.7 million) as at 31 December 1999.

As part of the sale agreements, Bodycote has agreed to continue to source
equipment (on a non-exclusive basis) from HTCE.

Commenting on the disposal, John Chesworth, Managing Director of Bodycote,
said today:

'We are delighted to announce the sale of this business to Ipsen.  We are
selling because our focus is to provide metallurgical and testing services to
industry.  The sale of the Group's heat treatment equipment manufacturing
businesses last year was a move in line with this strategy, and the sale of
HTCE further enhances the focus of the Group.'


Enquiries:

Bodycote International plc              01625 505300
John Chesworth, Managing Director

Financial Dynamics                      020 7831 3113
Scott Fulton