Disposal

RNS Number:0610M
Tarsus Group PLC
09 June 2003
                                                                     9 June 2003

                        TARSUS GROUP PLC ("the Company")

                                    DISPOSAL

Tarsus Group plc announces that it has agreed to sell its Exhibition Bulletin
magazine to Mash Media Group Limited, ("Mash"), a subsidiary of Expomedia Group
plc, for a cash consideration of #1.1 million. Exhibition Bulletin is the
definitive United Kingdom publication for the world-wide exhibitions industry.

Tarsus will sell the goodwill and certain intellectual property rights related
to the following publications: Exhibition Bulletin, Exhibition Bulletin
Yearbook, EB100 and the e-bulletin newsletter. Mash owns the competing
publishing titles Exhibition News, LUKE and Exhibition Handbook.

Tarsus will receive #500,000 cash on completion and will retain advance
subscription and advertising revenues of approximately #157,000. In addition,
the company will receive #150,000 on 15 February 2004, #150,000 on 15 July 2004
and #143,000 on 15 January 2005. The proceeds of the disposal will be utilised
by the company for general working capital purposes.

In the year ended 31 December 2002, Exhibition Bulletin generated revenues of
#781,000 and a profit before tax of #76,000.

Commenting on the disposal, Douglas Emslie, Group Managing Director of Tarsus
Group plc said:

"As was highlighted in our Preliminary results in March, the Group is now
focused on growing its core products and launching new exhibitions in those
sectors where we have market leadership. Exhibition Bulletin does not have an
accompanying exhibition and is therefore no longer core to the Group
activities."


For further information:

Douglas Emslie
Group Managing Director
Tel: [phone]


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