Disposal

European Motor Hldgs PLC 01 July 2004 EUROPEAN MOTOR HOLDINGS plc ("EMH") DISPOSAL EMH has disposed of the business and certain assets of its DAF and LDV trucks business, Taunton Trucks, to Wessex GS Limited on 30 June 2004. The total consideration for this transaction was £646,000 and this has resulted in a net profit on disposal of £170,000. The business operated from leasehold premises which have been assigned to the purchaser. The disposal of its last remaining truck dealership is a further example of EMH's stated policy of disposing of its non core franchises and concentrating on its three 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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