Disposal

Inchcape PLC
01 February 2007

01 February 2007


      DISPOSAL OF INCHROY JOINT VENTURE HOLDING TO WING HANG BANK LIMITED

Further to the announcement on 22 December 2006, Inchcape plc, the leading
international automotive retailer, is pleased to confirm it has completed its
disposal of Inchroy Credit Corporation Limited ('Inchroy'), the Company's joint
venture finance company in Hong Kong, to Wing Hang Bank Limited for HKD1,400
million (c.£92m). Inchroy was a 50/50 joint venture with BankAmerica
International Financial Corporation and the net proceeds due to Inchcape are 50%
of the total consideration.

For further information, please contact:

Group Communications, Inchcape plc
[phone]

Investor Relations, Inchcape plc
[phone]

Financial Dynamics (Jonathon Brill/Billy Clegg)
[phone]


Notes to editors

Inchcape plc

Inchcape plc is a leading international automotive retailer, with scale
operations in Australia, Belgium, Greece, Hong Kong, Singapore and the UK.  The
Group also has operations in a number of other markets, including Eastern 
Europe, the Baltics, Russia and South America.  In addition to growing its core
businesses, Inchcape is looking to develop scale operations in new and emerging
regions.  It represents leading automotive brands and operates either a retail,
or a vertically integrated retail model (i.e. exclusive distribution and
retail), depending on the market.  Inchcape's current key manufacturer partners
are Toyota/Lexus, Subaru, BMW, Mazda, Mercedes-Benz, PAG, Volkswagen, Audi and
Honda.

For further information, visit us at www.inchcape.com






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