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Brambles Industries (BI.)

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Friday 28 March, 2003

Brambles Industries

Disposal

Brambles Industries PLC
27 March 2003


                            Brambles Industries
          
             Sale of Repair and Maintenance Business by Cleanaway


Cleanaway, a leading waste management company within the Brambles Group, has
sold the Repair and Maintenance Business ('the R&M Business') of its UK
subsidiary, Serviceteam Limited to AWG Facilities Services Limited, part of AWG
Plc group. An initial consideration of approximately £7.6 million (A$20.0
million) is payable in cash on completion and is subject to adjustment to
reflect the level of working capital as at completion. Potential further
payments of up to £2.5 million (A$6.6 million) in aggregate may be received by
Cleanaway, reflecting the performance of the R&M Business in the period to 30
June 2003.

The R&M Business was acquired by Cleanaway in January 2001 as part of its
acquisition of Serviceteam Limited. The disposal will enable Cleanaway to
continue its strategic focus on recycling and total waste management, offering
total integrated waste management solutions to both commercial and municipal
customers.  The sale will not have a material effect on the Group's earnings.


For further information, contact:

UK
Investor    Sue Scholes, Head of Investor Relations         +44 (0) 20 7659 6012
Media       Richard Mountain, Financial Dynamics            +44 (0) 20 7269 7291

Australia
Investor    John Hobson, Head of Investor Relations          +61 (0) 414 239 188
Media       Jeannette McLoughlin, Group General Manager,     +61 (0) 2 9256 5255
            Corporate Communications                  Mobile +61 (0) 401 990 425


            Brambles Industries is globally headquartered in Australia


Notes to editors

Brambles is a leading global support services provider with operations in 40
countries across Europe, the Americas and Asia Pacific.  With full year 2002
turnover of approximately £3 billion, operating profit of more than £400 million
and assets of £3.7 billion, it employs some 31,000 personnel worldwide.  Its key
global businesses are CHEP, CLEANAWAY and RECALL.

•    CHEP is the world's pioneer and leader in the provision of pallet pooling 
     services.  CHEP pallets facilitate the efficient operation of supply chains 
     for most of the developed world's leading international FMCG (Fast Moving 
     Consumer Goods) companies.  These companies require the fast availability
     of high quality pallets and other types of standard loading equipment and
     transit packaging wherever they operate.  CHEP meets this need through its
     global reach and scale, combined with its proven logistics and supply chain
     management capability and its established pallet pools and infrastructure 
     in more than 30 countries.

•    CLEANAWAY is a leader in the collection, sorting, recycling, transfer and 
     disposal of waste, particularly in UK, Germany and Australia. Through 
     Cleanaway Germany, it is one of the largest paper recycling and trading 
     businesses in Europe.
     
•    RECALL is a global business managing physical and digital documents through 
     their entire life cycle.

It also has a number of other global and regional businesses, such as Industrial
Services, Meineke Car Care Centers and Interlake Material Handling.

The combined group was formed in August 2001, when Brambles Industries plc,
previously the support services activities of GKN plc, was listed in London and
then combined in a Dual Listed Company structure with Brambles Industries
Limited of Australia.  The two companies were previously joint venture partners.


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