Disposal

Rank Group PLC
27 September 2000


                  The Rank Group Plc announces the proposed
                    disposal of its UK Holidays Division

The  Rank  Group  Plc  announces the proposed disposal  of  its  UK  Holidays
Division  for consideration of up to £700m to Bourne Leisure Group, supported
by  Candover and Legal & General Ventures.  The consideration comprises  cash
on  closing  of £650m and a further payment of up to £50m which is contingent
upon the financial performance of Butlins in the two years ending 31 December
2002.

The  proposed disposal is subject only to shareholder approval which will  be
sought  at an Extraordinary General Meeting which is expected to be  held  in
mid October 2000.

The   Groups   UK   Holidays  Division  comprises  Butlins   (three   Family
Entertainment  Resorts),  Haven  (57  UK  caravan  parks  and  47  owned  and
franchised sites in Europe), Warner (13 UK hotels and resorts) and Oasis (one
UK  holiday  village).   In the year to 31 December  1999,  the  UK  Holidays
Division recorded turnover of £419m and operating profit of £63m.  The  total
net assets of the Division were £809m as at 31 December 1999 and proforma net
assets as at 30 June 2000 were £859m.

The  proposed  transaction excludes Resorts USA (timeshare, real  estate  and
campgrounds in USA), which had net assets of £49m as at 31 December 1999.

The  proceeds  from  the  disposal will be used  initially  to  reduce  Group
indebtedness.


Enquires:

The Rank Group Plc          Ian Dyson, Finance Director      020 7535 8013
                            Kate Ellis-Jones, Investor       020 7535 8031
                            Relations
                                                                          
Bourne Leisure              Andrew Hayes, Hudson             020 7796 4133
                            Sandler Ltd
                                                                          
                                                                          
Press Enquiries:                                                          
                                                                          
The Maitland Consultancy    Angus Maitland                   020 7379 5151