Disposal

TT Group PLC 5 March 2001 TT Group PLC £5 Million Disposal of F.D. Sims Limited As part of its disposal programme of non-core businesses, TT Group PLC announces the sale of the business of F.D. Sims Limited, a magnet wire manufacturer to IRCE-SpA, an Italian manufacturer of magnet wire and special cables for expected cash proceeds of slightly in excess of £5 million. John W Newman Executive Chairman of TT Group commented: ' We are continuing to make progress with our disposal programme. TT Group has focused this year on its core electronic and electrical businesses. This policy has been very successful to date and we are experiencing a much increased current order book.' 5 March 2001 Enquiries: TT Group PLC John W Newman, Executive Chairman College Hill Tel: 0207 457 2020 James Henderson
UK 100

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