Purchase of Own Securities

Kingspan Group PLC
09 October 2002

Kingspan Group plc announces that it is ceasing its current share buyback
program. This follows a ruling from the Irish Takeover Panel which would impose,
on further buybacks, conditions which would not be acceptable to the company at
this time. As already announced, Kingspan purchased 3,946,535 shares in the
period 11th September to-date.


Further information from:

Dermot Mulvihill, Finance Director   [phone]


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