Purchase of Own Securities

Paterson Zochonis PLC 23 May 2001 Repurchase of shares Paterson Zochonis plc announces that on 23 May 2001 it purchased for cancellation 25,000 of its A ordinary shares at a price of 443p 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

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