Disposal

Rank Group PLC 30 October 2003 30 October 2003 THE RANK GROUP PLC Disposal of Rank Leisure Machine Services The Rank Group Plc ('Rank') announces that it has agreed to sell the businesses, assets and liabilities of Rank Leisure Machine Services Limited and Rank Seasonal Amusements Limited (together 'RLMS') to Gamestec Leisure Limited, a wholly-owned subsidiary of Danoptra Holdings Limited, for a total consideration of £30m in cash. The transaction, which is subject to regulatory clearances being obtained, is expected to complete before the year end. In the year to 31 December 2002, RLMS had turnover of £50.0m and operating profit of £3.1m. Net assets of the business as at 31 December 2002, excluding intercompany loans, were £28.1m. The consideration will be used to reduce group borrowings. - ends - Enquiries: The Rank Group Plc Peter Reynolds, Director of Investor Relations 020 7535 8000 Press enquiries: The Maitland Consultancy 020 7379 5151 Angus Maitland Suzanne Bartch NOTES FOR EDITORS Information on RLMS RLMS is one of the UK's leading distributors of coin-operated leisure equipment, offering sales, rental and maintenance services to a wide variety of UK-based leisure businesses. Part of Rank since 1990, the business employs approximately 800 staff and is based at Burton-on-Trent. Information on Rank Rank is one of the UK's leading leisure and entertainment companies and an international provider of services to the film industry. Leisure and entertainment activities include casinos, bingo clubs and on-line sports betting and gaming, as well as Hard Rock Cafes and global rights to the Hard Rock brand. Rank also owns film processing, video and DVD duplication and distribution facilities, all branded Deluxe. Rank operates primarily in the UK and North America, although it also has activities in continental Europe and other parts of the world. This information is provided by RNS The company news service from the London Stock Exchange

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Rank Group (RNK)
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