Disposal

Lawrence plc (the "Company")
                                Disposal of Agil

The  Board  of  Lawrence  plc  is  pleased to  announce  that,  further  to  the
announcement  released  on  13  October  2006,  it  has  today  granted  Kiotech
International  plc  ("Kiotech") an option to acquire the Company's  animal  feed
additives division, Agil, for a consideration of, in aggregate, £5,500,000  (the
"Disposal").

The  Disposal  is  conditional  upon, inter  alia,  the  approval  of  Kiotech's
shareholders  of the acquisition of Agil by Kiotech at an extraordinary  general
meeting to be held on 27 November 2006.  The consideration is being satisfied by
way  of  £5,250,000  in cash and the issue of 8,333,334 new ordinary  shares  in
Kiotech.   Of the cash consideration approximately £555,000 will be retained  by
Kiotech pending receipt of certain book debts due to Agil.  Unless the board  of
Kiotech determine otherwise, no payment of these sums received in respect of the
relevant book debts shall be made until the expiry of 18 months from the date of
completion of the Disposal, which is expected to be 28 November 2006.

Lawrence  plc has undertaken not to dispose of any its shareholding  in  Kiotech
for a period of 12 months following completion of the Disposal and thereafter is
subject to an orderly market agreement for a further 12 months.

The Board intends to utilise the cash proceeds of the disposal to accelerate the
growth  of  ECO  Animal  Health, including funding  additional  regulatory  work
relating to further Aivlosin registrations in Europe and Japan and also  towards
the outstanding work required to complete the applications in the USA.

Peter Lawrence, Chairman of Lawrence plc, commented:

"This Disposal demonstrates our clear strategy of concentrating our resources on
our  Eco  animal  health  business,  which we believe  offers  excellent  growth
opportunities.  While  Agil is a very good business it is no  longer  compatible
with our strategy and will benefit from new opportunities offered by Kiotech."

3 November 2006


Enquiries:

Lawrence plc             Peter Lawrence 020 8336 6190

Charles Stanley Securities    Philip Davies       020 7149 6457

Spiro Financial          Anthony Spiro       020 8336 6196