Disposal

Radstone Technology PLC 05 November 2002 Radstone Technology PLC ("Radstone" or the "Company") Sale of Property Radstone Technology PLC announces that on Thursday 31 October 2002 it exchanged contracts on its freehold property at Water Lane, Towcester (the "Property") for a cash consideration of £4.1 million, which will be paid on completion. The consideration compares with a net book valuation of approximately £1.348 million at 31 March 2002, representing a profit on disposal of £2.752 million before costs. The sale is conditional upon vacant possession of the Property by Radstone and, if the Board of Radstone believes it is appropriate, approval of the shareholders of the Company. The 1.98 hectare Property, currently serving as the head office and main UK operating facilities of Radstone, comprises two floors of office accommodation and several factory buildings. The sale of the Property is consistent with the Company's previously stated relocation strategy. An alternative location has been identified and a planning application for the development of local purpose-built facilities is currently under consideration by South Northamptonshire Council. On completion, the proceeds of the sale will be put towards the cost of the relocation of Radstone, which is expected to take place within the next two years. Date: 5 November 2002 Enquiries: Radstone Technology PLC +44 (0) 1327 359444 Charles Paterson, Group Managing Director Jeff Perrin, Finance Director This information is provided by RNS The company news service from the London Stock Exchange

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