20 January 2021

                             Vulcan Industries Plc
                           ("Vulcan" or the "Group")

                    Trading and Proposed Acquisition Update

Vulcan Industries plc (AQSE: VULC) is pleased to announce a trading update
following publication of the Group's final results and interim results for the
6 months ended 30 September 2021 on 15 January and 18 January 2021
respectively.

All the businesses within the Group continue to show improved performance for
the third quarter to 31 December 2020 ("Q3"), in line with management
expectations. Despite the difficult trading conditions imposed by Covid
restrictions, Q3 Revenue was up 14% at £1.6m compared to Q2 ending 30 September
2020.

M&G Olympic Products Limited has a confirmed order book of £4.5m with a further
£1.2m pipeline. A significant new order for £600,000 has been confirmed. The
new management team have made significant progress with improving sales and
production planning and execution.

Orca Doors Limited will operate near full capacity for the next quarter with a
strong order book to the end of July 2021 and a further £1.2m of tenders
awaiting award. Pipeline currently exceeds £400,000.

IVI Metallics Limited ("IVI") had a strong December and has a secured Q4 order
book of over £600,000. With two European steel suppliers, IVI has successfully
managed the administrative changes ushered in by Brexit ensuring continuity of
supply to feed a strong order-book. Exports to the US are unaffected and the
quality of customer relations with our largest importer into the US have
ensured the sales volumes remain stable.

The Group is in the process of integrating its recent acquisition of the
business and assets of Romar Process Engineering Limited with Time Rainham
Limited which is expected to generate further operating efficiencies.

The Board also announces that the exclusivity period in respect of the proposed
acquisition of E Lowe Holdings Ltd ("E Lowe") expired on 15 January 2021 and
the Board has been advised that E Lowe's owner no longer wishes to proceed with
the transaction. The Board continues to review alternative targets and will
continue raising capital for acquisitions as negotiations progress.

About Vulcan

Vulcan seeks to acquire and consolidate traditional but historically profitable
engineering, manufacturing and industrial SMEs for value and to enhance this
value in part through group synergies, but primarily by unlocking growth which
is not being achieved as a standalone private company.

M&G Olympic Products Limited, Orca Doors Limited, IVI Metallics
Limited and Time Rainham Limited are wholly owned by Vulcan. For further
information, visit: https://vulcanplc.com

Contacts

Vulcan Industries plc                                   Via Vox Markets

Ian Tordoff, Chairman

First Sentinel Corporate Finance Ltd (AQSE Corporate    +44 7876 888 011
Adviser)

Brian Stockbridge

Gabrielle Cordeiro

Vox Markets (Media and Investor Relations)              vulcan@voxmarkets.co.uk

Kat Perez                                               +44 7881 622 830

Paul Cornelius                                          + 44 7866 384 707