ARP Ashcourt Rowan

RNS No 9039b
AMCO CORPORATION PLC
26 May 1999

AMCO Corporation PLC announces that the following options in respect of
ordinary 10 pence shares have been granted today, 26 May 1999, for nil
consideration to directors of the company:

Ian Swire        
1000 shares exercisable immediately
Michael R Speakman
1000 shares exercisable immediately
Ian Swire
1000 shares exercisable on 10 August 2000              

The exercise price is to be fixed at the time of exercise.  These options
replace identical options issued in the period 1 May 1997 to 16 September 1998
which have been withdrawn.

END

RDAALLLREIIRFAA

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