Result of Court Meeting and EGM

De La Rue PLC
10 January 2000

De La Rue plc: Result of Court Meeting and Extraordinary
General Meeting

De La Rue plc announces that at the Court Meeting held
today ordinary shareholders approved the proposed return
of capital and creation of New De La Rue plc by a Scheme
of Arrangement, details of which were sent to
shareholders on 3 December 1999. In addition, at the
Extraordinary General Meeting held immediately after the
Court Meeting shareholders approved the resolutions
necessary to implement the Scheme of Arrangement and the
repayment and cancellation of the preference shares.

Under the proposals, ordinary shareholders will receive
17 ordinary shares in New De La Rue plc and 920p in cash
for every 20 existing ordinary shares. The preference
shares are being repaid at par plus accrued dividends.

Upon implementation of the return of capital, New De La
Rue plc will change its name to De La Rue plc.



The outline expected timetable remains as follows:

Court Hearing to approve the Scheme - 31 January 2000

Last day of dealings in De La Rue ordinary and preference
shares - 31 January 2000

Dealing in ordinary shares in New De La Rue - 1 February
2000

Payment of monies due - 7 February 2000



Enquiries:

Paul Hollingworth, De La Rue plc - 01256 329122

Michael Wentworth-Stanley, Cazenove & Co. - 0171 588 2828

Dermot McKechnie, Cazenove & Co. - 0171 588 2828