Purchase of Ordinary Shares

Severfield-Rowen PLC
13 July 2000

                             Severfield-Rowen Plc
                          Purchase of Ordinary Shares
                                       
                                       
Severfield-Rowen announces that on Thursday 13 July 2000 it purchased 150,000
ordinary shares for cancellation at an average price of 185.66p per ordinary
share.