Disposal

Kingfisher PLC
10 January 2001



EMBARGOED UNTIL 0700 HOURS

Wednesday 10 January 2001

                      Kingfisher plc sells Electric City

Kingfisher plc today announced that it is selling the retail assets of its
Singapore-based electrical chain Electric City to Pertama Merchandising Pte
Ltd, a subsidiary of leading Australian electrical retailer Harvey Norman, for
$15.3 million (Singapore) (approx. £5.9 million), subject to final valuation,
landlords' consents and Board approval. Completion of the transfer of assets
will take place on 15 January 2001.

The effect on the Group of the disposal of this business will not be
significant.
                                    -ends-

                               Notes to Editors

*           Electric City was purchased by Kingfisher plc in October 1998 and
            operates eight electrical retail outlets in Singapore
*           Kingfisher plc is one of Europe's leading retailers, operating
            principally through its two international businesses in DIY and
            electricals and its UK-focused general merchandise business. The
            company employs more than 130,000 people in over 2,900 stores
            across 16 countries and has some of the best known retail brands in
            Europe, including B&Q, Castorama, Comet, Darty, BUT, Woolworths and
            Superdrug among others.

For further information:
Media Enquiries
Jonathan Miller               [phone]

Gail Lavielle, France         [phone]


Broker and Institutional Enquiries
Andrew Mills                  [phone]

Ian Harding                   [phone]

Graham Fairbank, France       [phone]


Kingfisher plc                [phone]

Kingfisher website            www.kingfisher.co.uk