Corporate Action

Anglo-Welsh Group PLC
21 December 2000

ENTITLEMENT ISSUE - UPDATE
SECURITY TITLE
*Ord Shs
MNEMONIC CODE           *AWL
SEDOL CODE              *043-834
TERMS                   *The basis upon which the Entitlement is being offered
                         takes into account the proposed subdivision.
                         1 New Ordinary Share of 1p for every 2 Ordinary Shares
                         of 1p held at 2p per share (10 New Ordinary Shares of
                         1p for every 2 Ordinary Shares of 10p held)
EX DATE                 *18-12-00
RECORD DATE             *08-12-00
SPLITTING APPLICATION FORMS *09-01-01 3:00pm
RECEIPT OF APPLICATION FORMS *11-01-01 3:00pm
DEALING COMMENCE NEW SHARES *15-01-01
NOTES *