RNS Number:6830R
Chorion PLC
05 November 2003


                                  CHORION PLC

                          Result of Cash-Out Election

Chorion PLC (the "Company") announces that, pursuant to the free dealing service
offered to small shareholders in the Company (the "Cash-Out Election") and the
consolidation of the Company's ordinary share capital which were the subject of
a circular to shareholders dated 24 September 2003 (the "Circular"), 2,023
shareholders, holding an aggregate of 128,547 ordinary shares of 30 pence each
(the "Cash-Out Shares"), have elected to take advantage of the opportunity to
have their shares sold in the market for the benefit of such shareholders.

In addition to the Cash-Out Shares, a further 5,963 ordinary shares (the
"Consolidation Shares") fall to be sold for the benefit of the Company, which
are ordinary shares arising from the aggregation of fractional entitlements to
ordinary shares following the consolidation of the Company's ordinary share
capital as described in the Circular.

Pursuant to the Cash-Out Election, Evolution Beeson Gregory Limited, the
Company's broker, has placed or sold in the market the Cash-Out Shares and the
Consolidation Shares at a price of #1.80 per share. It is expected that cheques
will be despatched to relevant shareholders in respect of sales of their
Cash-Out Shares on or before 17 November 2003.


5 November 2003



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