Acquisition

Acquisition of Polymer Latex - receipt of final competition clearance

Further to the announcement of 13 December 2010, Yule Catto & Co plc announces that it has received clearance from the Spanish National Competition Commission to proceed with the acquisition of PolymerLatex Deutschland Beteiligungsgesellschaft mbH ("Polymer Latex"). Completion of the acquisition is expected to take place at the end of March.

For further information please contact:

Yule Catto & Co plc Tel: +44 (0)1279 442791

Adrian Whitfield, Chief Executive

David Blackwood, Group Finance Director