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Disposal

1 Nov 2006 07:00

Formation Group PLC01 November 2006 1 November 2006 Formation Group plc Disposal Formation Group plc (the "Company") announces that the disposal of its SportsMarketing Division to Sportfive Gmbh & Co KG has now been completed. The Company also announces that Jim Foxcroft (Sports Marketing Director) hasresigned as a director of the Company with immediate effect. The Board wouldlike to thank Jim Foxcroft for his valuable service to the Company and to wishhim well in the future. Enquiries: Neil Rodford, Formation Group plc Tel: 01625 539832David Youngman, WH Ireland Limited Tel: 0161 832 2174Katie Tzouliadis, Biddicks Tel: 020 7448 1000 This information is provided by RNS The company news service from the London Stock Exchange

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