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Marley PLC (51JS)

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Friday 23 June, 2000

Marley PLC

Debenture Stock 2009

Marley PLC
23 June 2000

Marley plc 11 7/8 per cent Debenture Stock 2009 ('the Stock')

Marley plc announces that further to the proposals for the redemption of the
entire outstanding amount of the Stock being approved by the holders of the
Stock ('the Stockholders') at an Extraordinary General Meeting of Stockholders
held on 19 June 2000, cheques in respect of the redemption proceeds and
accrued interest in respect of the entire outstanding amount of the Stock were
dispatched to Stockholders on 22 June 2000.

None of the Stock remains outstanding.

It is anticipated that the cancellation of the listing of the Stock from the
Official List of the UK Listing Authority will occur on or around 26 June
2000.

For further information please contact:

Marley plc          01732 455255

David Musgrave
John Holmes

Barclays Capital

Jeremy Froud        020 7623 2323   


                                                                                
                                  

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