AMR Armour Grp

RNS No 5077j
ARMOUR TRUST PLC
17th July 1998


The issuer has made the following alteration to the Armour Trust Plc "Disposal"
announcement released on Friday 17th July at 17.37.  In the second paragraph the
first figure should read "#472,557" and not "#350,000" as previously stated.
The rest of the text remains unchanged.



            DISPOSAL OF HOUSE OF DESPINA INTERNATIONAL LIMITED

Armour Trust plc ("Armour") announces that it has sold House of Despina
International Limited ("House of Despina"), its pot pourri and gifts business,
to Burlington Toiletries Limited, a member of the IWP Group.

The consideration for the disposal, which will be utilised to reduce Armour's
gearing, will be #472,557 in cash paid at completion with a further possible
consideration of up to #150,000, payable by end of June 199, dependent on sales
targets being reached and certain customers being retained.

The turnover of House of Despina for the year ended 2 May 1997 was #1,743,151
and profit before tax was #1,582.  Its net liabilities at 2 May 1997 were
#131,866.

This disposal means that Armour no longer has any trading activities in the
personal care market and is now focused on two core areas: chemical and
distribution.

Enquiries:

Armour Trust plc 
George Dexter, Chief Executive  -- Tel: 0171-497-0000

END

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