RNS Number:4858M
Bullough PLC
18 June 2003

   Recommended Increased Cash Offer by Tobull Limited ("Tobull") for Bullough 
                                plc ("Bullough")

On 18 June 2003, Tobull declared that its offer for the entire issued share 
capital of Bullough was wholly unconditional.

The following directorate changes were agreed at a Bullough board meeting on 18
June 2003. Claes Piehl and David Wood, who are both directors of Tobull, join
the Bullough board with immediate effect. Claes Piehl takes over the role of
Executive Chairman from Howard Marshall, who remains on the Board as an
Executive Director.

Tobull has requested that Bullough now applies to the London Stock Exchange to
have its dealing facility for Bullough Shares on the Alternative Investment
Market cancelled. Bullough hereby gives notice that it has applied to have the
listing of Bullough shares on the Alternative Investment Market cancelled. The
cancellation of the listing is expected to take effect on 23 July 2003. From
that date trading of Bullough shares on the Alternative Investment Market will
cease.

For further information contact:

Claes Piehl, Executive Chairman of Bullough plc               0207 522 3206 
Ralph Baber, Chairman of Tobull Limited                       0207 522 3211 
John Wakefield, Director of Rowan Dartington & Co. Limited    0117 933 0020



                      This information is provided by RNS
            The company news service from the London Stock Exchange

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