New Financing Arrangements

Cookson Group PLC
01 March 2005


1 March 2005


COOKSON GROUP ANNOUNCES NEW FINANCING ARRANGEMENTS

Cookson Group plc, the international materials science company, is today pleased
to announce that it has arranged a new £200 million multicurrency revolving
credit facility to replace the £148 million facility which was due to mature in
2006.

The new facility, which was over-subscribed, was arranged with Cookson's group
of nine core relationship banks and is for a term of three years, with options
to extend for a further two years.  The facility is unsecured, with all security
and guarantees under the previous facility being fully released.  Borrowings
under the facility will be used for general corporate purposes.  Taking account
of the new facility, together with the Group's existing private placement notes,
total committed borrowing facilities available to the Group now amount to
approximately £500 million.


Commenting on the refinancing, Cookson's Chief Executive Nick Salmon said:

'In our strategy statement on 18 January we indicated that we intended to
refinance the Group's core bank facilities in the first half of this year.  This
is now complete and we are delighted by the strong demonstration of continuing
support we have received from our long-established group of relationship banks.

'The improved pricing and terms of the new facility, particularly the full
release of security, reflect the significant improvement in the Group's
financial condition.  The new facility underpins the Group's operational and
strategic objectives for the future.'


Shareholder/analyst enquiries:

Nick Salmon, Chief Executive                            020 7061 6500
Dennis Millard, Group Finance Director                  020 7061 6500
Lisa Williams, IR Manager                               020 7061 6500

Media enquiries:

John Olsen, Hogarth Partnership                         020 7357 9477



About Cookson Group

Cookson Group is a leading materials science company which provides materials,
processes and services to customers worldwide. The Group operates as three
divisions - Electronics, Ceramics and Precious Metals. The Electronics division
is a leading manufacturer and supplier of materials and services to the
electronics industry, primarily serving fabricators and assemblers of printed
circuit boards, assemblers of semiconductor packaging and the electrical and
industrial markets. The Ceramics division is a world leading supplier of
advanced flow control and refractory products and systems to the iron and steel
industry and is also a leading supplier of refractory lining materials for iron
and steelmaking and other industrial processes. The Precious Metals division is
a leading supplier to the jewellery industry of fabricated precious metals
products.

Headquartered in London, Cookson employs over 16,000 people in more than 35
countries and sells its products in over 100 countries.



Cookson Group plc

265 Strand, London WC2R 1DB
Tel: [phone]
Fax: [phone]
www.cooksongroup.co.uk


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