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Wolv.& Dudley Brews. (WOLV)

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Monday 03 December, 2001

Wolv.& Dudley Brews.

Disposal

Wolverhampton& Dudley Breweries PLC
3 December 2001

                                                             3rd December 2001



              THE WOLVERHAMPTON & DUDLEY BREWERIES, PLC ('W&DB')

DISPOSAL OF 44 NON-CORE TENANTED PUBS



The Board of W&DB is pleased to announce the disposal of 44 non-core tenanted
pubs to KUC, a subsidiary of Royal Bank of Scotland, for £5.75million. The
Pyramid Pub Management Company will operate the pubs for KUC.



As a result of this sale, W&DB has now exchanged contracts on disposals of non
core assets with a total value of £67 million since 23rd July 2001.  Disposals
to a value of a further £4million have also been agreed.



Commenting, Ralph Findlay, Chief Executive said: 'This disposal achieves good
value for these assets and is another step in better focusing our business on
our core community estate and leading ale brands.''



ENQUIRIES:

The Wolverhampton & Dudley Breweries, PLC                Hudson Sandler
Ralph Findlay, Chief Executive                           Andrew Hayes
Tel: 01902 329517                                        Tel :  020 7796 4133