Investor Relations

RNS Number: 5266O

PORTMEIRION GROUP PLC

05 July 2005





SITE DISPOSAL



Portmeirion Group PLC has previously referred to the

consolidation of its manufacturing operations from two sites

onto one to improve efficiency and reduce costs while

maintaining current production levels.

The Group is pleased to announce that, following the successful

completion of this project, the sale of the redundant manufacturing

site has now been completed.

The 1.9 acre site, situated in Longton, Stoke-on-Trent,

together with buildings and equipment not required for ongoing

manufacturing was sold for £700,000 in cash.



The sale will result in an exceptional gain of approximately £200,000. 



For further information please contact:



Arthur Ralley, Chairman

Brett Phillips, Group Finance Director

Tel: (01782) 744721