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Wednesday 28 August, 2002

Rowan Dartington &Co

Offer Update

Rowan Dartington & Co. Limited
28 August 2002

               British Mohair Holdings Limited ('British Mohair')
         Recommended Mandatory Cash Offer for Yorklyde Plc ('Yorklyde')

On 6 August 2002, British Mohair announced the publication of a document
containing details of the recommended mandatory cash offer made by Rowan
Dartington & Co Limited on behalf of British Mohair to acquire the whole of the
issued ordinary share capital of Yorklyde ('the Offer') and that the Offer was
unconditional in all respects.

As stated in the Offer document, British Mohair's intention was that, as soon as
appropriate and possible to do so, application would be made for the listing of
Yorklyde shares on the Official List to be cancelled and for trading in Yorklyde
shares to cease. This announcement should be taken as giving 20 business days
notice of the cancellation of listing immediately prior to the commencement of
trading on 25 September 2002 and that trading will, therefore, cease at the
close of business on 24 September 2002.

It was also stated that it was British Mohair's intention that the Offer would
close at 3.00 p.m. on 27 August 2002. In view of the decision to apply for the
listing of Yorklyde shares to be cancelled and trading in Yorklyde shares to
cease, with the approval of the Panelon Takeovers and Mergers, British Mohair
will keep the Offer open until further notice.

At the commencement of the Offer period, British Mohair, together with any party
deemed to be acting in concert with British Mohair, held 6,080,000 ordinary
shares in Yorklyde, representing approximately 58.24% of the entire issued
ordinary share capital of Yorklyde.

Accordingly, as at 3.00 pm on 27 August 2002, British Mohair owned or has
contracted to acquire the following shares in Yorklyde:

                                                 Ordinary                     %
Owned at the commencement
of the Offer period                             6,080,000                 58.24

Acquired since the announcement
of the Offer                                            -                     -

Acceptances of the Offer                        3,862,511                 37.00

Total                                           9,942,511                 95.24

This announcement for which the directors of British Mohair are responsible, has
been approved for the purpose of section 21 of the Financial Services and
Markets Act 2000 by Rowan Dartington & Co Limited.

Rowan Dartington & Co Limited, which is regulated by the Financial Services
Authority Limited, is acting as financial adviser to British Mohair and no one
else in relation to the Offer and will not regard any other person as its
customer or be responsible to anyone other than British Mohair for providing a
protection awarded to customers of Rowan Dartington nor for providing advice in
relation to the Offer.

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

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