Acquisition Completed

CRH PLC
21 July 1999


CRH COMPLETES ACQUISITION OF FINNSEMENTTI AND RUDUS

CRH plc, the international building materials group, announces the completion
today of the purchase of Finnsementti Oy and Lohja Rudus Oy from the Scancem
Group, following receipt of the necessary regulatory approvals. 


Contact CRH at Dublin 404 1000 ([phone])
Don Godson,  Chief Executive        
Liam O'Mahony,  Chief Executive, Oldcastle Inc., and CRH Chief Executive
Designate
Harry Sheridan,  Finance Director          
Myles Lee,  General Manager Finance

   
CRH plc, Belgard Castle, Clondalkin, Dublin 22, Ireland  TELEPHONE
+353.1.4041000  FAX [phone]
E-MAIL [e-mail] WEBSITE www.crh.ie  Registered Office, 42 Fitzwilliam
Square, Dublin 2, Ireland