RNS Number:6262G
Gaskell PLC
24 January 2003

Issued on behalf of Gaskell PLC
Date: Friday, 24 January 2003
                                                               IMMEDIATE RELEASE



                                  Gaskell PLC
                        Response to Share Price Movement



In light of the recent share price movement Gaskell plc wishes to update the
market as to its progress since the trading statement of 23 December 2002.

Gaskell announces that it is at an advanced stage of negotiations for the sale
of its Tile Division and certain property assets.

Gaskell will make further announcements as appropriate.


Enquiries:
Richard Hopkin, Group Finance Director               Alan Cooke, Account Manager
Gaskell PLC                                          Citigate Dewe Rogerson
Tel: 01254 236222                                    Tel: 0121 455 8370



                      This information is provided by RNS
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