Disposal

26 Jul 2006 12:00

Brown (N.) Group PLC26 July 2006 26 July 2006 N BROWN GROUP PLC CLOSURE OF HOUSE OF STIRLING & SALE OF DEBTOR BOOK N Brown Group plc, the direct home shopping company, announces that in line withthe Group's strategy to dispose of non-core businesses and focus on drivinggrowth in the core home shopping business it has sold the debtor book of Houseof Stirling, its door to door selling operation, for £5.59m. A programme ofactivity to formally close the business will now commence. For further information please contact: N Brown Group plcAlan White, Chief Executive Tel: 0161 238 2202Dean Moore, Finance DirectorWebsite : www.nbrown.co.uk Gavin Anderson & CompanyFergus Wylie / Charlotte Stone Tel: 020 7554 1400 This information is provided by RNS The company news service from the London Stock Exchange