Sale of certain Swiss assets

Carphone Warehouse Group PLC 20 March 2008 Thursday 20 March 2008 Embargo until 7am The Carphone Warehouse Group PLC Carphone Warehouse agrees transfer of certain Swiss assets Carphone Warehouse has agreed a deal with Swisscom AG to transfer all of its store leases, other related property leases and retail and head office employees relating to its mobile distribution business in Switzerland. The gross assets of the mobile distribution business will remain within Carphone Warehouse along with its fixed line and insurance businesses in Switzerland. The transaction is wholly unconditional and completion will take place on 1 May 2008. For Further Information Roger Taylor 07715 170 090 Tim Morris 07970 677 445 This information is provided by RNS The company news service from the London Stock Exchange

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