Purchase of Ordinary Shares

Kingspan Group PLC
6 September 2001



                              KINGSPAN GROUP PLC

                         PURCHASE OF ORDINARY SHARES


                              6th September 2001


Kingspan Group plc announces that, on Wednesday 5th September 2001, it
purchased in total 900,000 of its own Euro0.13 ordinary shares, that is,
500,000 ordinary shares at a price of Euro2.90 and 400,000 ordinary shares at
a price of Euro3.00. The purchases are intended to hedge against an award to
be granted under a Long Term Incentive Plan. The shares will be held as
Treasury Shares until vesting occurs.


For further information:


Dermot Mulvihill

Group Finance Director     Phone: [phone]