Disposal

Brown (N.) Group PLC 23 May 2005 FOR IMMEDIATE RELEASE DISPOSAL OF TELEVIEW DIRECT LIMITED ('TELEVIEW') The Board of N Brown Group Plc is pleased to announce the disposal of Teleview for £6.3 million in cash. In the year to 26 February 2005, Teleview achieved sales of £5.7 million and generated a loss before interest and tax of £0.7m. The net assets were approximately £7.3m. The proceeds from the sale will be used to reduce group borrowings. For further information contact: N Brown Group PLC Tel: 0161 238 2000 Alan White, Chief Executive Dean Moore, Finance Director Gavin Anderson Tel: 0207 554 1400 Charlotte Stone This information is provided by RNS The company news service from the London Stock Exchange
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