Disposal

RNS Number:8223Q
Glow Communications PLC
13 October 2003


13 October 2003


                       GLOW DISPOSES OF NON-CORE ASSET

                          RESIGNATION OF A DIRECTOR

Glow Communications plc ("Glow" or "the Company"), the AIM quoted telecoms
marketing affinity company, announces the sale today of Primary Storage
("Primary") to Terry Boland.

The recently appointed Chairman and Chief Executive, Duncan Hickman, commented
"On 11 September, we stated our intention to dispose of the Company's non-core
assets and Primary was central to this progression. We have now taken the first
step in our aim of refocusing Glow and with the recently announced strategic
support from Belgravia Group Ltd, the Board looks forward to optimising
opportunities in the area of low cost, high quality integrated
telecommunications services."

By virtue of its size, and because Terry Boland has been a director of Glow
within the twelve months preceding the date of the transaction, the sale of
Primary falls to be disclosed as a related party transaction under Rule 12 of
the AIM Rules. Terry Boland resigned as a director of the Company on 10 October
2003.

Primary is a distributor of computer data storage devices. It had a net
deficiency of assets of #296,281 at 31 August 2003 and made a net loss of
#345,303 during the nine months then ended. Primary made a loss of #577,209 for
the year ended 30 November 2002 before the write-off of goodwill and
intercompany balances. Mr Boland will acquire Primary for #1. The transaction
will involve Glow writing off an intercompany debt owed by Primary and other
costs amounting to #309,750. Following the disposal, Glow will have no
liabilities or obligations in respect of Primary or Primary's employees
whatsoever. Having consulted with the Company's nominated adviser Grant
Thornton, the Board considers that the terms of the transaction are fair and
reasonable insofar as the Company's shareholders are concerned.

The Board would like to take this opportunity to express their gratitude to Mr
Boland for his contribution to the development of the Company and to wish him
success in his future activities.

For further information please contact:

Duncan Hickman                      Justin Griffiths/Claire Melly
Glow Communications Plc             Tavistock Communications
Tel: [phone]                  Tel: [phone]



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