21 May 2003

                            CHRISTIAN SALVESEN PLC                             

                       SALE OF GERMAN BUSINESS COMPLETED                       

Following statements issued on 16 April and 6 May 2003, Christian Salvesen
today announces that it has completed the sale of its German industrial
logistics business to its Managing Director for Germany, Mr Torben Sigenstr�m.

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Enquiries:-

Christian Salvesen                              01604 662600                   
Frances Gibson-Smith                                                           
                                                                               
Hogarth Partnership Limited                     020 7357 9477                  
John Olsen                                                                     
Tom Leatherbarrow                                                              



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