Sale of Rank Entertainment

RANK GROUP PLC
19 October 1999


DISPOSAL OF RANK ENTERTAINMENT TO NORTHERN LEISURE PLC

The Rank Group Plc ('Rank') announces the sale of its nightscene
operations,  Rank  Entertainment Limited ('Rank Entertainment'),
to Northern Leisure Plc ('Northern Leisure') for a consideration
of #150 million.

Certain third party liabilities within Rank Entertainment, which
principally relate to the completion of new units, will  be  for
Rank's  account resulting in net cash proceeds of  approximately
#140  million.   The consideration may be subject to  completion
adjustments.

The  completion of the sale is conditional, inter alia,  on  the
approval  of  Northern Leisure shareholders at an  extraordinary
general meeting on 11 November 1999.

Rank will use the cash proceeds from the sale to reduce existing
Rank Group debt.

Rank  Entertainment currently operates 35 nightclubs, 9  Jumpin'
Jaks,  6  Hotshots and 3 ancillary leisure operations.  Since  1
January  1999 Rank has sold or closed 15 units and has opened  4
units.  A further 3 units will be opened shortly.  For the  year
to  31 December 1998, Rank Entertainment's turnover relating  to
the  units being acquired by Northern Leisure was #74.0  million
and operating profit before exceptional items was #11.0 million.
At  31 December 1998 Rank Entertainment had net assets of #129.9
million.   On  16  September  1999  Rank  Entertainment  paid  a
dividend of #60 million to Rank.

Mike Smith, Chief Executive, commented:

'The  sale  of  Rank  Entertainment, our nightscene  operations,
represents  a  first significant step in reshaping our  business
portfolio.'

ENQUIRIES

The Rank Group                             0171 706 1111
Kate Ellis-Jones, Investor Relations       
                                           
The Maitland Consultancy                   0171 379 5151
Laura Frost