After withdrawal it was stored at Eastleigh Works in December 1964, and remained there until January of the following year when it was moved by rail to Woodham Brothers scrapyard in Barry, Wales.
Galatea was rescued in April 1980 from Woodham Brothers scrapyard in Barry, South Wales by the late Brian Oliver and was moved to the Severn Valley Railway originally to provide a spare boiler for preserved sister engine 45690 Leander.
45699 was at Tyseley Locomotive Works until 2002 when it was sold to the West Coast Railways and moved to Steamtown Carnforth where it was given a complete rebuild.
This also included the manufacturing of a new middle driving wheel after the original was cut through after a shunting accident at Barry Island.
In November 2019, 45699 was repainted into British Railways Brunswick green with the late crest and renumbered as scrapped classmate No.
In March 2022, the engine was withdrawn for overhaul which was undertaken at West Coast Railway's base in Carnforth, Lancashire.