SSL has completed the disposal of its unbranded condom manufacturing facility in Eufaula, Alabama, to Custom Services International Inc ('CSI'). SSL announced its intention to sell this operation in June 2000 following a comprehensive group strategy review.

The Eufaula plant manufactures unbranded condoms for supply to a number of government and aid agencies, the largest of which is the US Agency for International Development ('US AID').

CSI is an established international condom manufacturer and distributor in the United States and Latin America, and will continue to operate the Eufaula factory as a condom manufacturing site. The US AID supply contract is in the process of being transferred to CSI as part of the transaction.

The consideration for the Eufaula facility, comprising land and buildings, plant and machinery and stock, was approximately $8.3 million in cash. The site employs approximately 250 people, most of whom will be retained by CSI following the sale.

This disposal completes the sale of non core areas.

SSL remains the leading branded condom manufacturer and distributor in the world, with condom manufacturing facilities in Thailand, Spain, India, China and the UK.

For further information, please contact:

SSL International plc
Stuart Wallis, Chairman 020 7426 4680
Iain Cater, Chief Executive 01565 624000
Paul Sanders, Finance Director 01565 624000

Square Mile Communications
Louise Robson/Carys Jones 020 7601 1000