Holding in Company

Coral Products PLC
22 August 2000


                              Coral Products PLC
                     Reduction in Notifiable Shareholding
                                       
Coral  Products PLC ('Coral' or 'the Company') announces that,  in  accordance
with  section  198 of the Companies Act 1985, it received notification  on  21
August  2000  from The Co-operation Retirement Benefit Fund (L) Limited  ('the
Fund'),  that the Fund is currently interested in 945,166 ordinary  shares  in
the  Company.  This holding represents 4.6 per cent of Coral's issued ordinary
share capital.

Enquiries:

David Shalom, Finance Director
Coral Products PLC                                          Tel: [phone]