Disposal

Cookson Group PLC 22 February 2006 22 FEBRUARY 2006 SALE OF COOKSON'S CERAMIC FIBRES BUSINESS FOR US$23 MILLION Cookson Group plc ('Cookson'), the leading materials science company, announces that on 21 February 2006 it entered into agreements to sell its Ceramic Fibres business ('Ceramic Fibres'), a business that forms part of its Ceramics division, for a total cash consideration of US$23 million (£13.2 million*). Cookson's Ceramic Fibres operations in Tennessee, the US and Poland are to be sold to The Morgan Crucible Company plc ('Morgan Crucible') for a cash consideration of US$21 million. Cookson has also separately agreed to divest its 50% shareholding in its Ceramic Fibres joint venture in Mexico to its joint venture partner, Grupo Nutec S.A. de C.V., for a cash consideration of US$2 million. Completion of both transactions is expected to take place in March 2006. Following completion of the sale, Cookson will act as a distributor for Morgan Crucible of ceramic fibre products into the iron and steel, foundry and construction market segments in the NAFTA region. For the year ended 31 December 2005, Ceramic Fibres had revenues of US$21 million (£12 million*). Commenting on the sale, Nick Salmon, Chief Executive of Cookson Group plc, said: 'Ceramic Fibres is a non-core activity which, on its own, lacks the scale to achieve a leading market position. It should have greater potential to develop within its new owner's portfolio and hence this is a good deal for all parties.' Notes: * translated at an exchange rate of US$1.744/£1 Shareholder/analyst enquiries: Nick Salmon, Chief Executive Cookson Group plc Mike Butterworth, Group Finance Director Tel: + 44 (0)20 7061 6500 Isabel Vilela, Investor Relations Manager Media enquiries: John Olsen Hogarth Partnership Tel: +44 (0)20 7357 9477 About Cookson Group plc Cookson Group plc is a leading materials science company which provides materials, processes and services to customers worldwide. The Group's operations are formed into three divisions - Ceramics, Electronics and Precious Metals. The Ceramics division is the world leader in the supply of advanced flow control refractory products and systems to the global steel industry and a leading supplier of specialist ceramic products to the glass and foundry industries. It is also the regional leader in the US, UK and Australia in the supply and installation of monolithic refractory linings. The Electronics division is a leading supplier of advanced surface treatment and plating chemicals and assembly materials to the automotive, construction and electronics markets. The Precious Metals division is the leading supplier of fabricated precious metals (gold, silver, platinum, etc.) to the jewellery industry in the US, the UK, France and Spain. Products include alloy materials, semi-finished jewellery components and finished jewellery. This information is provided by RNS The company news service from the London Stock Exchange

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