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Possible sale of BUT

28th Dec 2007 12:00

Kesa Electricals plc28 December 2007 28 December 2007 Possible sale of BUT to Colony Capital, Goldman Sachs and Merchant Equity Partners Kesa Electricals plc confirms that it has today entered into exclusivenegotiations with a consortium composed of Colony Capital, Goldman Sachs andMerchant Equity Partners regarding the possible sale of its furniture andelectricals business, BUT; for €550 million. These negotiations include consultations as well as obtaining regulatoryapprovals and are likely to be completed in the coming months. Further details will be announced in due course. Enquiries Analysts Kesa Electricals plcSimon Ward +44 (0) 20 7269 1400 Media Kesa Electricals plcSimon Enoch UK +44 (0) 20 7269 1400 FinsburyAlex Pettifer UK +44 (0) 20 7251 3801 Euro RSCGEmilie Banaszuk France +33 (0) 1 58 47 95 16 This information is provided by RNS The company news service from the London Stock Exchange

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