SEH Sep Inds.

RNS Number:6135F
SEP Industrial Holdings PLC
20 June 2001

SEP Industrial Holdings plc

The terms of the open offer are as follows:

One New Ordinary Share at 60p per share for every twenty existing Ordinary
shares held and

One New Ordinary Share at 60p per share for every twenty existing Preferred
Ordinary Shares held, both at the Record Date.



END

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