Disposal

Portmeirion Group PLC 05 July 2005 PORTMEIRION GROUP PLC SITE DISPOSAL Portmeirion Group PLC has previously referred to the consolidation of its manufacturing operations from two sites onto one to improve efficiency and reduce costs while maintaining current production levels. The Group is pleased to announce that, following the successful completion of this project, the sale of the redundant manufacturing site has now been completed. The 1.9 acre site, situated in Longton, Stoke-on-Trent, together with buildings and equipment not required for ongoing manufacturing was sold for £700,000 in cash. The sale will result in an exceptional gain of approximately £200,000. For further information please contact: Arthur Ralley, Chairman Brett Phillips, Group Finance Director Tel: (01782) 744721 This information is provided by RNS The company news service from the London Stock Exchange
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