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Macfarlane Group PLC (MACF)

Macfarlane Group PLC

Strategic Review of Operations Progresses
Macfarlane Group PLC
23 November 1999


MACFARLANE GROUP TO OUTLINE RESTRUCTURING PROGRAMME

Macfarlane Group PLC announces:

'As disclosed in the Company's interim announcement on 2
September 1999, the strategic review of the Company's
operations is progressing.'


'The Company is now close to completing the detailed phase  
of this review and will announce its findings on Tuesday
7 December 1999.  At that time Macfarlane Group will provide
details of the progress achieved in the restructuring of 
the Company's business into four focused business divisions
together with the costs to be incurred and the benefits to 
be gained from this restructuring.


Further information:

Iain  D.  Duffin         Chief Executive    0141 333 9666

Press and Media:
Gordon Beattie           Beattie Media      01698 78 78 78
David  Rydell            Beattie Media      0171 930 0453


Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.

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