Purchase of Own Securities

Paterson Zochonis PLC
22 May 2001


Repurchase of shares

Paterson Zochonis plc announces that
on 22 May 2001 it purchased for
cancellation 15,000 of its ordinary
shares at a price of 510p per share
from Cazenove & Co. Ltd.

Enquiries

Shona Beckett  Cazenove & Co. Ltd.    020 7588 2828
Graham Calder  Paterson Zochonis plc  0161 491 8000
Ruston Smith   Paterson Zochonis plc  0161 491 8000