RNS Number:9304G
Senior PLC
16 July 2001


16 July 2001



SENIOR SELLS ITS 20% HOLDING IN JAPANESE INDUSTRIAL BUSINESS


Senior plc ("Senior") is pleased to announce that on Friday 13 July 2001 it
completed the sale of its 20% shareholding in Techno Flex Co Ltd ("Techno
Flex"), back to the company itself, for a consideration, in cash, of Yen 1,027
million (#5.8m). The disposal, which is effective 29 June 2001, is expected to
result in a loss on disposal of some #1.7m.

Techno Flex is a privately owned company, headquartered in Japan, which
manufactures and sells a range of metal hoses and expansion joints to a number
of Industrial markets, principally in Asia.

Commenting on the disposal, Graham Menzies, Group Chief Executive said:

"Although Techno Flex is a well managed and profitable company, the disposal
of our minority shareholding, with the consequent reduction in Group debt, is
in the best interests of Senior's shareholders. Its sale, along with the
disposals earlier in the year of Polenz and Senior Air Systems, is in line
with Senior's strategy to focus on its Aerospace and Automotive businesses."



For further information please contact:

Senior plc
James Kerr-Muir, Chairman                                          01923 714702
Graham Menzies, Group Chief Executive                              01923 714702
Mark Rollins, Group Finance Director                               01923 714738

Finsbury
James Murgatroyd/Morgan Bone                                      020 7251 3801


Internet users will be able to view this announcement, together with other
information about Senior plc, on the web site: www.seniorplc.com You may
receive further Senior plc News Releases by post fax or e-mail. If you would
like to change from the current method please contact Lisa Johnstone at
Finsbury Limited, at the telephone number above, or e-mail your request to her
at Lisa.Johnstone@finsbury.com


Note to Editors:

Senior is an international manufacturing group with annual sales of around #
500m and with operations in 18 countries.

Senior designs, manufactures and markets high technology components and
systems for the principal original equipment producers in the worldwide
aerospace, automotive and specialised industrial markets.

Senior's policy is to enhance shareholder value by improving operating
performance and customer service levels and by developing its market positions
in the aerospace and automotive industries.
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