Disposal
January 20 2004 - 6:59AM
UK Regulatory
Longmead Group plc ("Longmead" or "the Company")
Sale of Building
In July 2003, the Company announced a series of restructuring measures to be implemented in light
of the changing market place for its products, including the transfer of warehousing to the main
factory premises thereby releasing the existing warehousing building for sale.
Longmead announces the completion of the sale of its warehouse premises, on 19 January 2004, for
�850,000 before expenses. The sale price compares with the current balance sheet value of
�480,000.
The proceeds of the disposal will be used to reduce bank borrowings and provide additional working
capital.
20 January 2004
The Longmead Group PLC