SEH Sep Inds.

RNS Number:7838F
SEP Industrial Holdings PLC
25 June 2001

CAPITAL REORGANISATION
SECURITY TITLE
*Ord Shs / Pfd Shs
MNEMONIC CODE   *SEH / SEHA
SEDOL CODE      *764-577 / 764-607
TERMS           *For Every 20 Existing Ordinary Shares - 1 Ordinary Share of    
                 of GBP0.05                              GBP0.20
                 
                *For Every 20 Existing Preferred - 2 Ordinary Shares of GBP0.20
                Ordinary Shares of GBP0.05 

PROVISIONAL EFFECTIVE DATE *20-07-01
NOTES * The effective date for the Capital Reorganisation is subject to approval
at the EGM.

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