Torday & Carlisle

Share Buy Back

Torday & Carlisle PLC
08 November 2004

                             Torday & Carlisle PLC
                                (the 'Company')

The Company announces that on Friday 5 November 2004 it purchased for
cancellation 38,157 ordinary 5p shares from 45 shareholders at a price of 90.93p
per share.

The purchase was made under the Free Share Dealing Facility details of which are
contained in the letter sent to shareholders dated 17 September 2004. Under this
Facility, the Company is offering to purchase up to a maximum of 2,000 shares
from each shareholder at a price equal to 105% of the average middle market
price of a 5p ordinary share over the five business days preceding the purchase

The total number of shares bought back by the Company and cancelled under the
Facility since it started is 117,213 shares from 197 shareholders. The Facility
will be available until 10am on Friday 26 November 2004 or such earlier date as
the Board may decide.

Following the cancellation of these shares, the issued share capital of the
Company will be 14,471,808 ordinary shares.


James Leek Executive Chairman                                      0208 9445 667

For details of the Free Share Dealing
Facility contact Richard Mackness at the Company                   01609 788 716

                      This information is provided by RNS
            The company news service from the London Stock Exchange