sells Allied Glass Containers

Associated British Foods PLC 16 December 2002 ABF sells Allied Glass Containers Associated British Foods plc ('ABF'), the international food, ingredients and retail group, today announced that it has sold its glass packaging business, Allied Glass Containers, to its management who are supported by Close Brothers Private Equity Limited. In the financial year ended 14 September 2002, Allied Glass Containers had sales of £58 million and had net tangible assets of £42 million at 14 September 2002. Commenting on the announcement, ABF Chief Executive, Peter Jackson, said, 'This disposal reflects our continuing commitment to focus resources on businesses where we have strong and growing market positions.' For further information please contact: Associated British Foods Tel: +44 (0)207 589 6363 Peter Jackson Chief Executive John Bason Finance Director Geoff Lancaster Tel: +44 (0)1733 422112 Head of External Affairs Citigate Dewe Rogerson Tel: +44 (0)207 638 9571 Jonathan Clare / Chris Barrie / Sara Batchelor This information is provided by RNS The company news service from the London Stock Exchange
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