Disposal

European Motor Hldgs PLC 01 December 2003 EUROPEAN MOTOR HOLDINGS plc ("EMH") DISPOSAL EMH has disposed of the business and certain assets of its remaining Vauxhall business, Normand Heathrow, to Lance Owen (Kingston) Limited on 30 November 2003. The total consideration for this transaction was £601,000 for the assets disposed of and £100,000 in respect of goodwill. The business operated from leasehold premises which have been sublet to the purchaser. The disposal of this business will allow the Group to focus on expanding with its three core motor retail partners: BMW Group, Premier Automotive Group and the Volkswagen Group. This information is provided by RNS The company news service from the London Stock Exchange
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