RNS No 1677m
ETAM PLC
2nd December 1997

                Etam Developpement SCA ("Etam Developpement")
   Recommended final* cash offer for Etam Public Limited Company ("Etam")

Etam  Developpement posted the offer document in respect of  its  recommended
final* cash offer for Etam on 1 December 1997.

Enquiries

Schroders                    -  Alan Jacobs             0171 658 6000
                             -  Marc Vincent            00 331 44 20 65 65
                                                        
Credit Agricole Indosuez     -  Jean-Marie Soubrier     00 331 41 89 26 62
                             -  Nick Bryan              0171 971 4313

*The  Offer  is  final and will not be increased, save  in  the  event  of  a
competitive situation (as determined by the Panel) arising or otherwise  with
the consent of the Panel.


END

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