Statement re Possible Offer

Walker Greenbank PLC
29 March 2000


WALKER GREENBANK PLC ('WALKER GREENBANK' OR 'THE COMPANY')

Charles Wightman, former Chief Executive of Walker Greenbank and a shareholder
in the Company, believes that the proposed purchase by Walker Greenbank of the
Standfast/Barracks and Weavestyle businesses from Courthaulds Textiles plc
('the Proposed Acquisitions') is not in the best interests of the Company. 
Based on discussions with a number of the Company's other shareholders and
subject to the pre-condition that the Ordinary Resolution to approve the
Proposed Acquisitions is rejected at the Extraordinary General Meeting of the
Company to be held on Thursday 30 March 2000, he is considering an approach to
the Board of Walker Greenbank to seek their recommendation to a cash offer for
the ordinary shares of the Company of not less than 50 pence per ordinary
share.

The pre-conditions, that the Ordinary Resolution to approve the Proposed
Acquisitions be rejected and that the Board of Walker Greenbank recommend a
cash offer, may be waived but this would have a material impact on the price
at which any subsequent offer is made.



For further information, please call:

Charles Wightman, 01923 261663
Chris Ward, Deloitte & Touche Corporate Finance, 0207 303 6472