Disposal

RNS Number:8626O
Bolton Group (International) Ld
20 August 2003

                        
                        DISPOSAL OF SUBSIDIARY COMPANIES

Bolton Group (International) Limited (the "Group") announces the disposal of two
of its subsidiary companies, Urania Securities Ltd and Bolton Group Plc, to Hill
Finance Ltd for a consideration of #160,000.

Urania Securities Ltd has experienced difficulty in letting its commercial
office property, the market for this space having diminished dramatically in the
past 12 months. After losing its major tenant in March 2002, it suffered
substantial losses and the property has continued to be a drain on the Group's
resources.

Bolton Group Plc has accumulated losses over recent years and the Board believes
that it is unlikely to provide any benefit to the Group in the future.

The Board of Bolton Group (International) Limited has actively been seeking to
diversify into new areas, offering greater potential growth. The disposal of
these two subsidiary companies removes ongoing losses and liabilities from the
Group's balance sheet, to provide a leaner and more focused base from which to
attract new investment and to fulfil the Board's ongoing strategy.


For further information, please contact:

Bolton Group (International) Limited                Tel:         [phone]
Peter Derby, Chairman







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