Disposal

Leeds Group PLC
6 June 2002

Issued by Leeds Group plc

Date: Thursday 6th June 2002







                                Leeds Group plc

             Management Buy-Out of Sharps Fabric Printers completed



Leeds Group announces that the sale of Sharps Fabric Printers to its management
team was completed yesterday for the sum of approximately £650,000. Following
the sale of the Scottish-based yarn dyeing and fabric finishing businesses in
January of this year, Sharps became the last UK textile business within the
Leeds portfolio. Its sale now completes the UK element of the group's planned
withdrawal from textile manufacturing.

The interim report for the six months ended 31st March 2002 will be released on
Wednesday 26th June 2002.





Enquiries:

Chris Marsden, Chief Executive

Malcolm Wilson, Group Finance Director

Leeds Group plc

Tel: [phone]





                      This information is provided by RNS
            The company news service from the London Stock Exchange
               SESELM