1 December 2020

                             Vulcan Industries plc

                        Update on Accounts Publication

Vulcan Industries PLC (the "Company" or the "Group") announces that, due to the
ongoing  Covid-19 restrictions, there will be a further delay in the
publication of the Company's audited financial results for the year ended 30
March 2020 and we are working closely with the Company's auditors to ensure
that the Group's results are finalised and released as soon as practical in the
course of December.

The reason for this delay is because two subsidiaries of the Group (M&G Olympic
Products Limited ("M&G") and IVI Metallics Limited) are based in the East
Midlands and Northern England which have been severely affected by Covid-19
outbreaks and local lockdown restrictions during the audit. A number of key
operational staff have been required to isolate and others taken ill.  Most
recently, Sheffield (where M&G's facilities are located) was placed under
strict Tier 3 lockdown restrictions making site access and safeguarding our
workforce and auditors' welfare extremely challenging. Furthermore, key members
of our finance department were instructed by the NHS "Track and Trace" service
to self-isolate.

Activity in the first quarter of the current financial year was severely
impacted by the initial Covid-19 lockdown. Nonetheless M&G operated, albeit at
reduced levels, throughout the period and the remaining operations resumed
activity towards the end of June 2020. By the end of the second quarter,
activity levels were ahead of internal forecasts made at the time of admission
to AQSE. This progress has continued into the third quarter. The Group's
balance sheet has been further strengthened by the equity issues in the total
amount of £760,023.80 since the Company's admission to AQSE on 1 June 2020.

AQSE have confirmed that trading in the Company's shares will continue pending
publication of the audited financial statements.

We take this opportunity to thank our shareholders and staff for their
continued support and PKF's team for their professionalism demonstrated during
this unprecedented time.

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. For further information,
visit: https://vulcanplc.com

For further information, please contact:

Contacts

Vulcan Industries plc                             Via Vox Markets

Ian Tordoff, Chairman

John Maxwell, CEO

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