Disposal

Anite Group PLC 01 July 2005 For immediate release 1 July 2005 Anite Group plc Anite Austria disposal completed Anite Group plc ('Anite' or 'the Group'), the worldwide IT solutions and services company, today announces that following merger consent approval from the Austrian regulatory authorities, it has completed the sale of Anite Consulting GmbH ('Anite Austria'), its IT consultancy business based in Vienna, Austria, to Softlab GmbH Austria (part of Softlab GmbH, a BMW Group Company) for a total consideration of €3.8 million (£2.6m). The consideration included €2.6 million in respect of the business and €1.2 million in respect of cash held within the business. Commenting on the disposal, Steve Rowley, Anite's Chief Executive, stated: 'We are pleased to have completed this disposal. This follows sales of other peripheral businesses and is in line with our stated strategy of selling non-core businesses. This will enable us to focus on investing in growth opportunities in our core markets.' - Ends - For further information, please contact: www.anite.com Anite Group plc 01753 804000 Steve Rowley, Chief Executive Christopher Humphrey, Group Finance Director Arma Partners 020 7290 8100 Adam de Courcy Ling/Adam Beard Smithfield 020 7360 4900 Reg Hoare/Sara Musgrave Print resolution images are available for the media to view and download from www.vismedia.co.uk This information is provided by RNS The company news service from the London Stock Exchange
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