Disposal

Tate & Lyle PLC
5 March 2002

                                                                              
               Tate & Lyle sells East Asia Properties Ltd (EAP)               

Tate & Lyle PLC ('Tate & Lyle') announces the sale of its 15% stake in East
Asia Properties Ltd ('EAP') to East Asia Sugar Investment Ltd a subsidiary of
the majority shareholder, the Mitr Phol Sugar Corporation Ltd. EAP is a
holding company and owns majority stakes in five sugar factories in China. 

The book value of Tate & Lyle's investment was £3.6 million at 31 March 2001.
The proceeds will be used to pay down group debt. 

The disposal is another example of Tate & Lyle delivering on its strategy to
divest of non-core businesses.


For more information contact:      Mark Robinson 020 7626 6525
                                   Chris Fox 020 7626 6525 (Press)




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