SNR Senior Plc

RNS Number:5009A
Senior PLC
15 March 2001


                 Senior sells its German Air Systems business

Senior plc ("Senior") is pleased to announce that it has sold its remaining
German Air Systems business, Polenz GmbH ("Polenz"), to Fedders Corporation
("Fedders") for a total consideration of #6.1m, including the assumption by
Fedders of Polenz's prior year tax liability. The disposal is expected to give
rise to a profit on sale of some #3.2m after costs of disposal.

Polenz, part of the Group's Specialised Industrial Division, is a distributor
of air treatment products into the German market. The divestment was effected
through the sale of 100% of Polenz's share capital.

In the year to 31 December 2000, the profit before interest and tax of Polenz
was #1.0m on turnover of #16.9m. The sale proceeds will be used to reduce the
Group's borrowings.

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

"Polenz is a well run, profitable company with an excellent market position
and it will fit well with its acquirer. The sale is in line with Senior's
strategy to focus on its Aerospace and Automotive businesses".

For further information please contact:
Senior plc                                on 15 March 2001     020 7251 3801
                                          thereafter
Dr Alan Watkins, Chairman                                      01923 714702
Graham Menzies, Group Chief Executive                          01923 714702
Mark Rollins, Group Finance Director                           01923 714738

Finsbury Limited                                               020 7251 3801
James Murgatroyd/ Morgan Bone

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 future 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 the 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 aerospace and automotive.

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