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Resurge PLC (RUE)

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Monday 03 March, 2003

Resurge PLC

Disposal & Investment Update

Resurge PLC
03 March 2003


For Immediate Release                                            3 March 2003



RESURGE PLC



                   Disposal of Investment:  Just Car Clinics

                                      and

                  Investment update: Strongbow Resources Inc.



Resurge PLC ('Resurge') is pleased to announce the disposal of its entire 11.8%
holding, representing 1,325,000 ordinary shares in Just Car Clinics PLC
(formerly Bikenet PLC) for a net consideration of £130,000.



Resurge acquired its holding in Bikenet PLC for £53,528 in June 2002 which was
subsequently acquired by Just Car Clinics PLC in January 2003. The surplus on
disposal amounts to £76,472.



Resurge is also pleased to announce  that it has acquired 3,660,000 Ordinary
shares in Strongbow Resources Inc ('Strongbow') at Canadian Cents 14.75 each,
for £229,000 and has been granted 1,830,000 Warrants at Canadian Cents 40.00
each. Strongbow is a Canadian listed natural resources company formed out of an
asset restructuring by Gren Thomas, the founder of Aber Diamonds Inc. The value
of each Ordinary share in Strongbow at close of business on 28 February 2003 was
33.00 cents.



Jonathan Rowland, commenting on the disposal of its holding in Just Car Clinics
said:



'We continue to look for a rapid return on our investments for our shareholders
and  the disposal of our holding in Just Car Clinics demonstrates this. We are
delighted that this investment has produced such an excellent return.'







For further information:


Jonathan Rowland
Resurge PLC                                                  020 7233 4270

Richard Darby, Bobbie Swanson
Buchanan Communications                                      020 7466 5000




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