Unlisted Investment

Heavitree Brewery PLC
15 November 2005

The Heavitree Brewery PLC
Trood Lane
Matford
Exeter
Devon EX2 8YP



Contact: Mr G J Crocker - Director and Company Secretary
Telephone: [phone]
Date: 15 November 2005



Unlisted Investment - George Gale and Company Limited


The Company announces that it holds 23,000 Ordinary Shares, representing 2.3% of
the respective issued share capital, in George Gale and Company Limited which is
currently the subject of a recommended cash offer from Fuller Smith & Turner
P.L.C. On the basis that Heavitree accepts the offer and that the offer is
declared unconditional, Heavitree would realise a profit of around £800,000 on
its investment, the net proceeds of which will be applied in reducing the
Company's bank borrowings.



Ends.


                      This information is provided by RNS
            The company news service from the London Stock Exchange