Sale of Property

Anglo-Welsh Group PLC
12 April 2002

                                                           For Immediate Release

                                                                12th April, 2002


             Anglo Welsh Group PLC ('Anglo Welsh' or 'the Company')

Sale of Property

Anglo Welsh today announces it has sold its Elms Work site at Great Haywood in
Staffordshire for consideration of £165,000 (before expenses). The site has a
net book value of £120,000.

The sale of the asset is consistent with the Company's continued strategy of
realising its assets for cash to form a cash shell pending an appropriate new
direction via either an acquisition or reverse.

For further information contact:-

Anglo Welsh

Stephen Thomson - Executive Chairman                    01603 877 682

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