RNS Number:0016P
IWP International PLC
25 August 2003

                             IWP International plc

             Statement Re. Response to recent share price movement



The Board of IWP International plc ("IWP" or the "Company") has noted the
movement in the Company's share price and announces that it has received an
initial approach from members of the management team, which may or may not lead
to an offer being made for the Company.  Discussions are at a preliminary stage
and there can be no certainty that this approach will result in an offer for the
Company.  The Board has appointed a Committee comprising Mr. Frank Plunkett
Dillon, Chairman, Mr Paddy Dowling and Mr. Joe Moran (the "Committee") to
consider the approach.  The Committee has appointed Goodbody Corporate Finance
to provide it with independent financial advice.  A further announcement will be
made in due course.



A holder of 1% or more of the shares of IWP may have disclosure obligations
under Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2001,
effective from the date of this announcement.




Enquiries:
Mr. Joe Moran         Chief Executive, IWP International plc              Tel:         +3531 661 1958
Mr. Brian O'Kelly     Managing Director, Goodbody Corporate Finance       Tel:         +3531 667 0420





Goodbody Corporate Finance, which is regulated in Ireland by the Irish Financial
Services Regulatory Authority under the Investment Intermediaries Act 1995, is
acting for IWP and for no one else in relation to the matters described in this
announcement and will not be responsible to anyone other than IWP for providing
the protections afforded to clients of Goodbody Corporate Finance or for
providing advice in relation to the matters described in this announcement.



This announcement does not constitute an offer or an invitation to purchase any
securities.



The Directors of IWP accept responsibility for all the information contained in
this announcement.  To the best of the knowledge and belief of the Directors of
IWP (who have each taken all reasonable care to ensure that such the case), the
information contained in this announcement is in accordance with the facts and
does not contain anything likely to affect the import of such information.






This announcement has been issued through the Companies Announcement Service of
The Irish Stock Exchange







                      This information is provided by RNS
            The company news service from the London Stock Exchange
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