Re. Offer for B Shares

Helical Bar PLC
25 July 2005

Helical Bar plc

25 July 2005

Not for release, publication or distribution in whole or in part in or into the
United States, Canada, Japan or the Republic of South Africa.

Helical Bar plc ('Helical Bar') or (the 'Company')

JPMorgan Cazenove Limited ('JPMorgan Cazenove')

On 1 July 2005, Helical Bar announced that, subject to the requisite resolutions
being passed at the Company's Annual General Meeting, JPMorgan Cazenove had been
appointed to make an offer (the 'Offer') to purchase all of the 612,704
non-cumulative preference shares of 1 7/8 pence each in the capital of the
Company ('B Shares'), at a price of 403.47 pence each (subject to appropriate
rounding and free from all dealing expenses and commissions).

The requisite resolutions having been passed at the Company's Annual General
Meeting, the Offer is hereby made by JPMorgan Cazenove.  The Offer may be
accepted in accordance with the Company's articles of association on behalf of
the B shareholders.  It is expected that the B Shares will subsequently be
purchased by the Company for cancellation.

Holders of B Shares held in CREST will have their CREST accounts credited on 26
July 2005.  Holders of B Shares whose shares are not held in CREST will be sent
a cheque in respect of the purchase of the B Shares on 26 July 2005.



Enquiries:



Helical Bar plc:

020 7629 0113

Nigel McNair-Scott



JPMorgan Cazenove:

020 7588 2828

Richard Cotton/Roger Clarke


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