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Brambles Industries (BI.)

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Monday 25 November, 2002

Brambles Industries


Brambles Industries PLC
25 November 2002


Brambles Industries completed the sale of Brambles Heavy Contracting to Abnormal
Load Engineering Ltd of the UK on 22 November.  Brambles Heavy Contracting is a
group of companies specialising in Heavy Lift and Transportation, with locations
in the UK, Netherlands, Spain, Norway, USA and Malaysia.

The purchase price for the business of Euro15.4 million approximates to net
asset value to Brambles.  Approximately Euro 2.8 million of the purchase price
will be paid when working capital is collected with the balance to be paid in
cash on signing.  In the year to 30 June, 2002, the business had sales of Euro
22 million.  The sale is not expected to have a material effect on the Group's

The sale is effective from 31 October 2002

25 November 2002


For further information, contact:


Media:              Richard Mountain, Financial Dynamics    +44 (0) 20 7831 3113
Investor and Other: Sue Scholes, Head of Investor Relations +44 (0) 20 7659 6012


All Enquiries:      Edna Carew
                    Group Manager Communications             +61 (0) 2 9256 5204

 The Brambles Industries Group is globally headquartered in Sydney, Australia.

                      This information is provided by RNS
            The company news service from the London Stock Exchange