Chartwell to sell retailparks

Kingfisher PLC
11 November 2002


For Immediate Release
11 November 2002


       Kingfisher's Chartwell Land to Sell Portfolio of Retail Parks


Kingfisher plc announced to staff today that its specialist retail property
company Chartwell Land is putting up for sale 15 retail parks, plus a further 5
retail park development sites, that it holds within its investment portfolio.
The book value of the properties to be sold is around £500 million with a rental
income of £29 million.  Following the disposal, Kingfisher will continue to
retain some £2 billion of property, of which of over £500 million will be in the
UK, occupied by B&Q.

                                     -ends-



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Ian Harding                                                 [phone]

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