Disposal

Walker Greenbank PLC
29 September 2000


Walker Greenbank PLC


COMPLETION OF THE SALE OF THE

HAND BLOCK WALLPAPER BUSINESSES 
 
 
The Board of Walker Greenbank PLC announces the completion of the sale of
Cole & Son and John Perry (Wallpapers), the group's historic hand block
wallpaper businesses to Karen Beauchamp Limited. The total consideration for
the sale, first announced on 5 September 2000, is £3 million, of which £2.8
million has been paid and the balance is payable on or before 28 February
2002 together with accrued interest.
 
Aidan Connolly, Chief Executive, Walker Greenbank said:
'We are delighted with the sale price achieved and the progress we are making
focussing the group on our quality consumer fabrics and wallcoverings
businesses.'
 
 
Further information:     Aidan Connolly, Walker Greenbank PLC

     Tel: [phone] 
 
     John Rudofsky, Helsen Communications 
     Tel: [phone]