Disposal of PM Ag Grains Division

Tate & Lyle PLC
14 April 2000


Tate & Lyle PLC - Disposal of PM Ag Grains Division

Tate & Lyle PLC announces that its subsidiary PM Ag Products Inc. has agreed
to sell its wholly-owned Grains division to J.D. Heiskell & Co. ('Heiskell'). 
Under the terms of the agreement, Heiskell will purchase five feed and grain
milling facilities in California, Washington and Idaho, associated working
capital and goodwill.  The value of the net assets to be disposed of is $58
million.  The sale, which is subject to Hart-Scott-Rodino clearance and
certain other conditions, is expected to be completed by June.

Proceeds will be used to reduce Tate & Lyle Group debt.

Enquiries                          Charles King 020-7626 6525
                                   Chris Fox 020-7626 6525 (Press)