Kelsey Industries.

Henkel Recommended Cash Offer Document Posted

Kelsey Industries PLC
17 January 2000


Not for release, publication or distribution in or into
the United States, Canada, Australia or Japan
                            
                RECOMMENDED CASH OFFER BY
                            
           Henkel Loctite Investments Limited
              a wholly-owned subsidiary of
                            
                       HENKEL KGaA
                           for
                  KELSEY INDUSTRIES PLC

                  Offer Document posted
                            
Henkel KGaA and Henkel Loctite Investments Limited
announce that the formal Offer Document containing the
recommended cash offer  with Guaranteed Loan Note
Alternative for the entire issued and to be issued
ordinary share capital and the cash offer for the entire
issued preference share capital of Kelsey Industries PLC
('Kelsey') announced on 22 December, 1999 ('the Offers')
has been posted today.

Forms of Acceptance should be completed and returned in
accordance with the instructions in the Offer Document so
as to be received as soon as possible and in any event no
later than 3.00 p.m. on 7th February, 2000.

Enquiries:

Henkel KGaA
Jakob  Lux, Vice President in Corporate Communications + 49 211 797 3533
Magdalena Moll, Investor Relations                     + 49 211 797 3937

J.P. Morgan                                            + 44 207 325 4169
Nikolai Ahrens, Vice President
Patrick Magee, Vice President

Kelsey Industries PLC
Peter Savage, Chairman                                 + 44 468 502 896

Close Brothers                                         + 44 207 655 3100
Tom Quigley, Director
Martin Gudgeon, Assistant Director


J.P. Morgan Securities Ltd. ('J.P. Morgan'), which is
regulated in the United Kingdom by the Securities and
Futures Authority Limited, is acting for Henkel KGaA and
Henkel Loctite Investments Limited and for no one else in
connection with the Offers and will not be responsible to
anyone other than Henkel KGaA and Henkel Loctite
Investments Limited for providing the protections
afforded to customers of J.P. Morgan nor for providing
advice in relation to the Offers.

Close Brothers Corporate Finance Limited ('Close
Brothers'), which is regulated in the United Kingdom by
the Securities and Futures Authority Limited, is acting
for Kelsey Industries PLC and for no one else in
connection with the Offer and will not be responsible to
anyone other than Kelsey Industries PLC for providing the
protections afforded to customers of Close Brothers nor
for providing advice in relation to the Offer.