Disposal

RNS Number:0723U
NordAnglia Education PLC
12 January 2004


FOR IMMEDIATE RELEASE                                            12 January 2004



                     NORD ANGLIA UK SCHOOL SOLD FOR #4.18m


           Hull Grammar School acquired by the Church Schools Company


Nord Anglia Education PLC, ("Nord Anglia") the education and training company,
announces that Nord Anglia's Hull Grammar School has been purchased by the
Church Schools Company, for a total cash consideration of #4.18m, against a net
asset value of #1.8m.


Nord Anglia acquired Hull Grammar School from the administrator in 1991 for
#0.9m. Since then, the school has gone from strength to strength, both
academically and as part of Nord Anglia's schools business.


For the year ended 31 August 2003, Hull Grammar, which is a co-educational
school catering for 450 students from two to 18 years of age, registered a
turnover of #2.4m and contributed #0.28m to Group operating profits.


The Church Schools Company already owns a competitor school in Hull - Hull High
School, a girls-only school of a similar size to Nord Anglia's Hull Grammar
School.


Having jointly researched the market for private education in Humberside it was
clear that a merged school would be in the best interests of the students and
staff and of both companies.


Commenting on this announcement, Kevin McNeany, Chairman said: "Nord Anglia
remains committed to the development of its schools business, both in the UK and
internationally. This successful disposal will further strengthen Nord Anglia's
balance sheet and facilitate the funding of its growth strategy for the schools
business, with particular emphasis on international expansion."



For further information, please contact:

Kevin McNeany, Chairman
Andrew Fitzmaurice, Chief Executive Officer
Nord Anglia Education PLC
www.nordanglia.com                                        Tel No: 0161 491 8404

Lisa Baderoon ([e-mail])
Buchanan Communications:                                       M: 07721 413 496
www.buchanan.uk.com                                       Tel No: 020 7466 5000




                      This information is provided by RNS
            The company news service from the London Stock Exchange

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