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Disposal

29th May 2007 07:02

Sanctuary Group PLC29 May 2007 Sanctuary Group PLC29 May 2007: For immediate release THE SANCTUARY GROUP Disposal The Sanctuary Group today announces that it has disposed of its interests in AirEdel Associates Limited and Air Edel Recording Studios Limited (and certainassociated assets) to Cutting Edge Music (Holdings) Limited for a totalconsideration of £497,958, payable in cash over 18 months from completion of thetransaction. Enquiries:James Hogan / Craig Breheny / Ash Spiegelberg Brunswick +44 (0) 20 7404 5959 Note to EditorsSanctuary is a UK listed international music group, encompassing recordedproduct, merchandising, and artist services (which encompasses artist managementand arranging and negotiating live performances). Sanctuary owns one of theworld's largest catalogues of recorded product outside of the major recordcompanies. This information is provided by RNS The company news service from the London Stock Exchange

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