Reece PLC
8 May 2000
REECE PLC ('the Company')
APPROVAL OF THE DISPOSAL OF THE CYCLES DIVISION
The Company is pleased to announce that the resolution to
approve the disposal of the Cycles Division of its wholly
owned subsidiary, Service (Engineers) PLC, was passed at the
Extraordinary General Meeting of the Company held on Friday
5 May 2000.
As detailed in the Circular to shareholders relating to the
above transaction, on completion of the sale, which also
occurred on Friday 5 May 2000, Mike Norris stood down as
Managing Director of the Company.