RNS Number:2168Z
Precoat International PLC
29 July 2002


For Immediate Release                                             29 July 2002



                           Precoat International Plc



                         Disposal of Color Steels Inc.



                         Resignation of David Sanderson



Following the Extraordinary General Meeting on Friday 26 July 2002, at which
both the resolutions proposed at the meeting were passed, Precoat International
Plc ("Precoat") has completed the disposal of Color Steels Inc. to Color Steels
Holding Corporation.



Accordingly, as indicated in the circular to the shareholders of Precoat dated 9
July 2002, David Sanderson has resigned as a director of  Precoat.





For further information please contact:

Suzanne Dunne
Buchanan Communications                020 7466 5000








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