Circular Posted, etc

Walker Greenbank PLC
14 March 2000


PROPOSED PURCHASE OF THE STANDFAST / BARRACKS AND WEAVESTYLE
BUSINESSES FROM COURTAULDS TEXTILES PLC

Further to the announcement on 18th February, 2000, the board
of Walker Greenbank PLC announces today that it has posted a
circular to its shareholders setting out details of the
proposed purchase of the Standfast / Barracks and Weavestyle
businesses from Courtaulds Textiles plc and convening an
Extraordinary General Meeting on 30 March, 2000.

For further information contact:

Aidan Connolly, Chief Executive, Walker Greenbank PLC
Telephone: [phone]

Richard Barlow, KPMG Corporate Finance
Telephone: [phone]

John Rudofsky, Citigate Dewe Rogerson
Telephone: [phone]