26th Jan 2007 07:00
National Express Group PLC26 January 2007 26 January 2007 National Express Group PLCStewart Airport - Update on disposal National Express Group PLC is pleased to note the announcement by the PortAuthority of New York and New Jersey Board Commissioners that they haveapproved the purchase of the operating lease at Stewart International Airport,New York State for $78.5 million. These negotiations for the sale, which began shortly before Christmas, areexpected to be completed soon. The transaction will ultimately be subject tofinal agreement of the Purchase Agreement and certain regulatory approvals. A further announcement will be made in due course when all conditions have beenmet. - ENDS - For further information: Adam Walker/Nicola MarsdenNational Express Group PLC 020 7529 2000 Andrew Dowler/Ben FosterFinancial Dynamics 020 7831 3113 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
NEX.L