Barratt Developments PLC
31 August 2004
31 August 2004
COMPLETION OF SALE OF BARRATT USA HOUSEBUILDING OPERATION
'On 30 August 2004, Barratt Developments PLC (Barratt) completed the sale
of Barratt USA Holdings Inc.
Barratt previously advised on 5 August 2004 that it had entered into an
agreement for the sale of Barratt USA Holdings Inc. which owns all of the shares
in the Barratt US housebuilding subsidiary, Barratt American Inc. (Barratt
American), to Barratt Investments Incorporated, an acquisition vehicle in which
certain members of the Barratt American management team are involved.'
For further information please contact:
David Pretty, Chief Executive
Colin Dearlove, Finance Director
Tel: 0191 286 6811 (Barratt Developments PLC)
Terry Garrett
Tel: 0207 067 0700 (Weber Shandwick)
Peter Hindmarsh
Tel: 0207 568 2363 (UBS Investment Bank)
This information is provided by RNS
The company news service from the London Stock Exchange
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