Sale of Autoclenz Limited

Yule Catto & Co PLC 02 December 2005 Yule Catto & Co plc ('Yule Catto' or 'the Company') Sale of Autoclenz Limited Further to the announcement made on 31 October 2005, Yule Catto exchanged yesterday conditional contracts with Autoclenz Holdings plc for the sale of the entire issued share capital of Autoclenz Limited for a consideration of £18 million to be paid in cash on completion. The sale is conditional on the admission of the shares in Autoclenz Holdings plc to trading on AIM which is expected to occur on 7 December 2005. The proceeds of the sale received by Yule Catto will be used to reduce the Company's borrowings. Autoclenz Limited carries out car valeting and vehicle preparation and in the twelve months to 31 December 2004 had an operating profit of £1.87 million and gross assets of £5.5 million. Following admission to AIM Grahame Rummery and Trevor Clingo, currently the managing director and finance director respectively of Autoclenz Limited, will become chief executive and finance director of Autoclenz Holdings plc. This sale is in line with Yule Catto's corporate strategy, as referred to in its interim results on 8 September, of reshaping its performance chemicals activities. 2 December 2005 ENQUIRIES: YULE CATTO Tel: 01279 442791 Sean Cummins, Finance Director COLLEGE HILL Tel: 020 7457 2020 Gareth David This information is provided by RNS The company news service from the London Stock Exchange

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