Dividend - Replacement

Renold PLC
12 November 2001

INTERIM DIVIDEND
SECURITY TITLE
*Ord Shs
MNEMONIC CODE         *RNO
SEDOL CODE            *732-507
DIVIDEND AMOUNT       *1.5p
PERIOD                *Half year ended 29-09-01
PROVISIONAL EX DATE   *02-01-02
RECORD DATE           *04-01-02
PAYMENT DATE          *25-01-02
NOTES *Amendment to Mnemonic Code.  The Mnemonic Code should be 'RNO' and not   
       'RND' as previously published.  This replaces the previous Dividend      
       announcement (RNS No.9392M) released 12-11-01 at 15:23.  All other       
       details remain unchanged.