World Sport Group PLC
31 July 2002
Date: 31 July 2002
On behalf of: World Sport Group plc
WORLD SPORT GROUP
Update on 2001 Accounts
The Board of World Sport Group, the sports media, marketing and management
group, announces that the agreement with News Corporation for the sale of World
Sport Group's interest in Global Cricket Corporation Pte Ltd, (announced 28th
June 2002) has been formally completed and signed. World Sport Group will
therefore be able to announce annual results for 2001 in early August.
- ends -
Enquiries to:
Scott Convoy Tel: 020 7955 1410
Redleaf Communications Ltd Mob: 07788 665575
Richard Feigen or Jonathan Wright Tel: 020 7648 8700
Seymour Pierce Limited
Note to Editors
• Global Cricket Corporation Pte Ltd ('GCC') was the 50:50 joint
venture vehicle between News Corp and Worldsport Nimbus (a 50:50 joint venture
between World Sport Group and Nimbus Communications, an Indian media and sports
marketing company). This specially formed company is the owner of the
commercial and media rights to all ICC international cricket events until mid
2007, including the next two World Cups in 2003 (South Africa) and 2007 (West
Indies).
This information is provided by RNS
The company news service from the London Stock Exchange
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