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Yorklyde PLC (YKLD)

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Tuesday 09 July, 2002

Yorklyde PLC

Response to BMH Announcement

Yorklyde PLC
9 July 2002


FOR IMMEDIATE RELEASE

9 July 2002

Yorklyde plc



 Response to announcement of Rule 9 offer by British Mohair Holdings Limited 
                                   ('BMH')


The Board of Yorklyde plc ('Yorklyde' or the 'Company') notes the announcement
from BMH, that having exercised its option to acquire 3,130,000 Ordinary shares
in the Company, it is now required to make an offer at 55p per share subject to
Rule 9 of the City Code on Takeovers and Mergers ('the Offer').  A further
announcement will be made by BMH when its offer document is despatched to
Yorklyde shareholders.

Yorklyde shareholders are recommended to take no action pending the release of
the offer document at which time, the Board of Yorklyde will provide its advice
to shareholders in connection with the Offer.

The Directors of Yorklyde accept responsibility for the information contained in
this announcement.  To the best of the knowledge and belief of the Directors
(who have taken all reasonable care to ensure that such is the case), such
information is in accordance with the facts and does not omit anything likely to
affect the import of such information.

Ernst & Young LLP, which is regulated by the Financial Services Authority, is
acting for Yorklyde and no one else in connection with the Offer and will not be
responsible to anyone other than Yorklyde for providing the protections offered
to clients of Ernst & Young LLP nor for providing advice in relation to the
Offer.



Enquiries:

Humphrey Scott, Yorklyde plc - telephone 01484 683611
Andrew Kitchingman, Ernst & Young LLP - telephone 0113 298 2505



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

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