Disposal

Yule Catto & Co PLC
9 May 2001


                      YULE CATTO & CO PLC ('YULE CATTO')

                     Sale of Unilock Limited ('Unilock')


Yule Catto is an international producer of speciality chemicals, which are
supplied to global customers, ranging from manufacturers of medical gloves,
paint and adhesives to the pharmaceuticals and cosmetics industries.


Yule Catto announces today the sale of Unilock to the former Divisional Chief
Executive of its Building Products Division, Clive Sanders.


Unilock is a leading supplier in the UK of office partitioning systems and has
net assets at completion of the sale of some £1.6 million.


Commenting on the transaction Alex Walker, Chief Executive of Yule Catto said:


'The sale of Unilock completes the disposal of Yule Catto's building products
businesses and achieves the realignment of the group's operations into a
company focussed upon speciality chemicals.'

                                                                     9 May 2001



ENQUIRIES:

Yule Catto plc                                                Tel: [phone]
Alex Walker, Chief Executive
Sean Cummins, Finance Director

College Hill                                                 Tel: [phone]
Gareth David                                Email: [e-mail]
Lisa Pearson                                Email: [e-mail]