Posting of Circular and Listing Particulars

De La Rue PLC
3 December 1999


De La Rue plc: Posting of Circular and Listing Particulars

Further to the announcement made on 23 November 1999, De La
Rue has today posted a circular (convening a Court Meeting
and an Extraordinary General Meeting) and listing
particulars for New De La Rue plc relating to the proposed
return of capital to ordinary shareholders and the repayment
and cancellation of the preference shares.

Under the proposals, ordinary shareholders will receive 17
ordinary shares in New De La Rue plc and 920p in cash for
every 20 existing ordinary shares. The preference shares are
being repaid at par plus accrued dividends.

Upon implementation of the return of capital, New De La Rue
plc will change its name to De La Rue plc.

The outline expected timetable is:

Court Meeting and Extraordinary General Meeting:  10 January
2000

Court Hearing to approve the Scheme:  31 January 2000

Last day of dealings in De La Rue ordinary and preference
shares:  31 January 2000

Dealing in ordinary shares in New De La Rue:  1 February
2000
Payment of monies due:  7 February 2000



Enquiries:

Paul Hollingworth, De La Rue plc - 01256 329122
Michael Wentworth-Stanley, Cazenove & Co. - 0171 588 2828
Dermot McKechnie, Cazenove & Co. - 0171 588 2828