RNS No 9058k
ACORN GROUP PLC
8th January 1999

Acorn Group plc announces that it has today sold its 50% interest in
educational IT supplier, Xemplar Education Limited, to its joint venture
partner, Apple Computer, for a cash consideration of #3m, valuing the company
at #6m.

During 1997, Xemplar recorded a pre-tax profit of #0.2m and its net asset
value at 31 December 1998 is estimated at #4.2m, with Acorn's share at #0.1m
and #2.1m respectively.

The sale is being made by Acorn's wholly-owned subsidiary, Acorn Computers 
Limited (ACL) which, during 1998, announced its intention to focus on the 
multimedia and digital TV markets.  The disposal further emphasises ACL's 
new business focus.

Proceeds will initially be placed on deposit but will be used to finance 
further development of ACL as a leading multimedia design company.

For further information contact:
Andy Mee, SVP
01223 725294

END


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