Tomkins Disposes of Totectors

    LONDON--May 25, 2001--Tomkins PLC has today completed the sale of Totectors Limited, its safety footwear business, to UKS Group Limited for cash consideration of (pound)19.5 million including the repayment of intercompany indebtedness of (pound)7.4m.
    Totector's turnover for the year to April 29, 2000 was (pound)23.8 million with operating profits of (pound)2.1 million. The company's net assets and intercompany debt at April 29, 2000, the last audited balance sheet date, amounted to (pound)9.6 million
    Tomkins is a world class global engineering group with market and technical leadership, manufacturing value added systems and components for the automotive, industrial and construction industries.
    Tomkins shares trade in the US in ADR form (each equal to four ordinary shares) on the New York Stock Exchange under the symbol TKS; its ordinary shares are listed on the London Stock Exchange.