James Robinson Consolidation

Yule Catto & Co PLC 01 July 2005 Yule Catto & Co plc Consolidation of James Robinson production assets Yule Catto is an international producer of speciality chemicals, which are supplied to global customers, ranging from manufacturers of medical gloves, paint and adhesives to the pharmaceuticals and cosmetics industries Yule Catto & Co plc announces that it is to consolidate production at its James Robinson subsidiaries on to two of its existing sites, in Germany and India, leading to the ultimate closure of its UK site in Huddersfield and the loss of approximately 36 manufacturing jobs. All products will be transferred to the other units prior to closure. Sales and marketing and research and development will remain in the UK, but will be relocated to new premises, and investment is being made in modern laboratory facilities. James Robinson manufactures a range of speciality chemicals, for applications that include hair dyes, photographic developers and photochromic lenses. Dr Brendan Catlow, Managing Director of James Robinson, commented: 'In common with many other companies having manufacturing assets in Europe, James Robinson has felt the impact of the weak US dollar and low-cost imports from Asia. Our strong market positions have helped to mitigate the impact of these pressures, but we are taking action now to secure the long-term growth potential of our business. To this end, we will consolidate our production base on to two sites, and this will lead to the ultimate closure of our Huddersfield factory.' 1 July 2005 Enquiries: Yule Catto 01279 442791 Sean Cummins, Finance Director College Hill 020 7457 2020 Gareth David gareth.david@collegehill.com This information is provided by RNS The company news service from the London Stock Exchange