Re Contract

Pittards PLC
22 August 2005


Pittards plc, producer of technically advanced leather for many of the world's
leading brands of gloves, shoes, luxury leathergoods and sports equipment is
pleased to announce that it has been awarded a contract by the Privatisation &
Public Enterprises Supervising Authority of Ethiopia to manage the Ethiopia
Tannery Share Company ('ETSC'), the largest of the state owned tanneries in that
country.  ETSC is a major supplier of sheepskins to Pittards Yeovil for the
production of gloving leather.

As indicated in the Chairman's Statement in the 2004 Report & Accounts, we are
carrying out progressively more of our initial processing closer to source.  The
principal objective of the contract, which is for five years, is to grow ETSC's
value added production and export revenues through the provision of procurement,
technical, management, selling, training and marketing expertise, and the
development and implementation of managerial systems.

Under the terms of the contract, Pittards will be remunerated through a
management fee, profit share and a royalty in respect of a brand licence and
technology transfer.

The contract provides Pittards and ETSC with expanded market and product
opportunities across a range of leathers for gloves, shoes and leathergoods.


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