YOR Yorkshire Grp.

RNS Number:9841U
Yorkshire Group PLC
04 February 2004


PRESS ANNOUNCEMENT
EMBARGOED UNTIL 7.00 AM
4 February 2004
YORKSHIRE GROUP PLC ("YORKSHIRE")

PROPOSED DISPOSAL OF PART OF YORKSHIRE AMERICAS, INC., NEW BANKING
FACILITIES AND BOARD CHANGES

Yorkshire announced yesterday it had entered into an agreement to dispose of
part of the textile dyes business operated by Yorkshire Americas, Inc. to DyStar
L.P. for a total cash consideration of US$8.75 million (the "Proposed Disposal")
and had agreed the terms of new banking facilities.

A circular setting out details of the Proposed Disposal and new banking
facilities and giving notice of the extraordinary general meeting was despatched
to Yorkshire shareholders yesterday.

The circular has been submitted to the UK Listing Authority and is available for
inspection at the UK Listing Authority's Document Viewing Facility.


Enquiries:

Yorkshire Group                                      Tel: 0113 244 3111
Andrew Dick (Chief Executive)
Jim Perrie (Chief Financial Officer)
Malcolm Shilton (Company Secretary)

Hawkpoint Partners Limited                           Tel: 020 7665 4500
Andrew Speirs

Hogarth Partnership Limited                          Tel: 020 7357 9477
Nick Denton


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

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