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ENGLISH CHINA CLAYS COMPLETES REDEMPTION OF AUCTION MARKET PREFERREDS

 ENGLISH CHINA CLAYS COMPLETES REDEMPTION OF AUCTION MARKET PREFERREDS
 NEW YORK, April 21 /PRNewswire/ -- ECC Group plc (NASDAQ: ECLAY) (English China Clays), the global industrial minerals and construction materials concern, today announced that it has completed its program to redeem its $350 million of Auction Market Preference Shares.
 This program was commenced following the rights issue announced on Feb. 25, 1992. English China Clays is the world's leading producer of kaolin, one of the most important minerals used in the manufacture of paper. The company is also a major supplier of calcium carbonate, ball clay and other industrial minerals and is one of the largest suppliers of pre-cast concrete products in the United Kingdom. The company's construction materials activities also include the production of aggregates and coated stone. English China Clays' U.S. operations are headquartered in Atlanta, and approximately 20 percent of the company's sales are generated in the United States.
 -0- 4/21/92
 /CONTACT: Thomas C. Franco or Jeffrey G. Gibson, 212-229-2222, of Broadgate Consultants for ECC Group/
 (ECLAY) CO: ECC Group plc ST: Georgia IN: CST SU:


SH -- NY036 -- 0527 04/21/92 10:37 EDT
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Publication:PR Newswire
Date:Apr 21, 1992
Words:190
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