Disposal

De La Rue PLC
30 May 2001

                                                                   30 May 2001

                                DE LA RUE PLC

                          COMPLETION OF THE SALE OF

         DE LA RUE GIORI SA AND SETTLEMENT OF ARBITRATION PROCEEDINGS

Further to the announcement on 18 May 2001 De La Rue plc has today completed
the CHF 50m (£20m) disposal of its 50% shareholding in De La Rue Giori SA to
Koenig & Bauer AG.  Consequently, on completion of the disposal of De La Rue
Giori the provisions of the settlement agreement were also completed.


Press Enquiries:


Paul Hollingworth     Group Finance Director                01256 605307
Mark Fearon           Head of Corporate Affairs             01256 605303


                                    -ends-

Notes to Editors

1.         De La Rue announced the conditional sale of its 50% shareholding in
De La Rue Giori SA to Koenig & Bauer AG on 18 May 2001.  At the same time De
La Rue announced the agreement with M Roberto Giori, Chairman of De La Rue
Giori and Dynavest Holding & Cie SCA, the other shareholder, whereby all
claims and counterclaims, by each party against the other were settled,
conditional upon completion of the disposal of De La Rue Giori to Koenig &
Bauer AG.