Disposal

Kingfisher PLC
31 January 2002


KINGFISHER COMPLETES SALE OF TIME RETAIL FINANCE


Kingfisher plc has today (31st January 2002) completed the sale of its financial
services operation, Time Retail Finance Limited, to GE Capital Bank Limited in 
accordance with the announcement made on 28th January 2002.

                                  -ends-

For further information:

Kingfisher plc
Broker and Institutional Enquiries
Ian Harding, Director of Investor Relations                  [phone]

Media Enquiries
Jonathan Miller, Head of External Relations                  [phone]


France
Graham Fairbank, Head of Corporate Comms (France)           [phone]

Kingfisher Website                                            www.kingfisher.com
Kingfisher plc                                               [phone]







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