Exercise of options

Coral Products PLC 7 December 2000 Coral Products PLC Issue of New Shares Coral Products PLC (the 'Company'), one of Europe's leading manufacturers and suppliers of media packaging for Digital Versatile Disc (DVD), Video and CDs, and general housewares, announces that following the maturity of the Company's SAYE Employee Share Scheme the Directors of the company have exercised a total of 104,463 new ordinary shares of 1p each at 28p. Details of the exercise are: W D Ferster 34,821 shares J Ferster 34,821 shares D M Shalom 34,821 shares. Following the exercise, these Directors are interested in the issued share capital of the Company as follows: No. % W D Ferster 2,943,181 14.3 J Ferster 2,943,181 14.3 D M Shalom 54,571 0.3 In addition to the above interests the Coral Products Pension Scheme, of which W D Ferster and J Ferster are trustees and beneficiaries, holds 146,000 shares in the Company. Further to the announcement made by the Company on 22nd November 2000, the Directors advise that the number of share options exercised on that date was incorrect. The correct figure is 93,318, not 93,317 as previously announced. Application has been made to The London Stock Exchange and the UK Listing Authority for the new ordinary shares the subject of both announcements to be admitted to the Official List and dealings are expected to commence at 8.00 a.m. on 11th December 2000. The new ordinary shares will rank pari passu in all respects with the Company's existing issued ordinary shares. Enquiries: David Shalom, Finance Director, Coral Products PLC Tel: 01942 272 882