KURAWOOD PLC                                  

                              DIRECTOR'S DEALING                               

The Board of Kurawood plc (the "Company") announces that it received
notification that the ownership of Fox Capital Limited ("Fox") has changed. Fox
holds 4,787,000 ordinary shares in the Company representing 28.16 per cent. of
the Company's issued ordinary share capital. Fox is a company in which Justin
Martin and Roy Tilleard, both directors of the Company, each previously had a
50 per cent. interest.

As a result of the change in ownership in Fox, Justin Martin no longer has a
beneficial interest in the ordinary shares of the Company, and Roy Tilleard's
beneficial interest has increased to 4,787,000 ordinary shares representing
28.16 per cent. of the Company's issued share capital.

Contact:

Kurawood plc                           01624 820040                          
                                                                             
Justin Martin, Chief Financial Officer                                       
                                                                             
City Financial Associates Limited      020 7492 4777                         
                                                                             
James Caithie                                                                
                                                                             
St Helen's Capital plc                 020 7628 5582                         
                                                                             
Ruari McGirr/Mark Anwyl                                                      



END



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