Stmnt re Dividend Alternative

CRH PLC
3 May 2001


2000 Final Dividend - Scrip Alternative

CRH Plc announces that, under the Company's Scrip Dividend Scheme, 33.10% of its
Ordinary Shareholders elected to receive shares in lieu of cash in respect of
all or part of their Final Dividend for 2000 to be paid on 14th May 2001.

As a result, a total of 826,335 Ordinary Shares of Euro 0.32 each have been
allotted.  An application will be made for admission of the new shares to the 
Official List of the Irish Stock Exchange and the U.K. Listing Authority and to
trading on the London Stock Exchange's market for listed securities and dealing
in the new shares is expected to commence on Monday, 14th May 2001.