Disposal

BULGIN PLC 2 August 1999 The Company is pleased to announce that on Friday 30 July 1999 it exchanged contracts for the sale of its freehold property at Broxbourne, Hertfordshire, which was formerly occupied by Cirkit Distribution Limited (the business of which was sold on 14 May 1999). The gross sale price is £550,000, which is payable in cash. The book value of the property at 31 January 1999 was £412,000. The proceeds, net of a mortgage repayment of £250,000, will be applied in capital investments within the Group. For further information: Alastair Winter Brain Emerson Chairman Chief Executive Officer Bulgin PLC Bulgin PLC Tel: 0171 256 5666 Tel: 0181 594 5588

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