RNS Number:8197S
Shiloh PLC
03 December 2003

PRESS RELEASE AND NOTICE TO STOCK EXCHANGE



                                   SHILOH PLC

                               PROPERTY DISPOSAL



The Directors of Shiloh PLC announce that as indicated in their Interim
Statement of 22nd October 2003, the Company has sold the freehold land and
buildings occupied by the Park Mill on Bleasdale Street, Royton, Oldham for a
gross consideration of #925,000.



The net book value of the property is #702,000, which, after selling costs, will
generate an exceptional profit of #198,000 in the financial year ending 31st
March 2004.



The Company will use the proceeds of the sale to reduce bank borrowings.



END



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