Disposal

Helical Bar PLC 7 June 2002 Helical Bar PLC 7 June 2002 Disposal Helical has today entered into a contract to sell 60 Sloane Avenue to Deka for a sum of £65.6 million. The property comprises 75,000 sq. ft of offices, 19,000 sq. ft of retail and a 15,000 sq. ft gym producing a rental of £4.23 million p.a. The principal tenant is Leo Burnett who occupy 65,000 sq. ft of offices at a rental of £32.50 p.s.f. subject to review in September 2004 and a tenants break clause in September 2009. Enquiries: Mike Brown Helical Bar 020 7629 0113 This information is provided by RNS The company news service from the London Stock Exchange

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Helical (HLCL)
UK 100

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