Proposed Disposal

14 Aug 2007 10:53

Photo-Me International PLC14 August 2007 Tuesday 14 August 2007 PHOTO-ME INTERNATIONAL PLC Proposed Vending Division Disposal Following the announcement on 2 July 2007 that the Board had asked Lazard toexplore whether an acceptable offer might be achievable for PMI's VendingDivision, the Board has unanimously concluded that there is a sufficient levelof interest for the process to move to its next phase. However, the Board wouldlike to stress that the process is ongoing and there can be no guarantee that asale at an acceptable level will be achieved. A further update will be given as appropriate. Enquiries: Photo-Me International plcVernon Sankey (Chairman) 01372-453 399 Bankside Consultants Limited (Analysts) 020-7367 8851Charles Ponsonby Tulchan Communications (Media)David Allchurch 020-7353 4200Wendy Watherston This information is provided by RNS The company news service from the London Stock Exchange