Disposal

Frenkel Topping Group PLC 27 July 2005 FRENKEL TOPPING GROUP PLC The Board of Frenkel Topping Group Plc ('the Company') are pleased to announce that on Friday 22nd July they disposed of 16% of the issued share capital of each of Frenkel Topping Limited and Frenkel Topping Structured Settlements Limited for the gross cash sum of £551,000 in order to provide additional working capital for the Company. The Company is left with a shareholding of approximately 67% of the issued share capital of each of these two companies. For the financial year ended 31 December 2004, Frenkel Topping Limited ('FTL') made an operating profit of £379,807 and Frenkel Topping Structured Settlements Limited ('FTSSL') an operating loss of £585,895. Accordingly, the 16% stake disposed of equates to an operating profit of £60,769.12 for FTL and an operating loss of £93,743.20 for FTSSL. Frenkel Topping Limited is an independent financial adviser specialising in the investment of personal injury awards. Frenkel Topping Structured Settlements Limited specialises in the design and use of structured settlements to personal injury litigation now known as Periodical Payments following the introduction of the Courts Act on the 1/4/05. The proceeds of sale of the share stake will be used to pay the costs of disposal and the balance will be used for working capital. For further information, please contact:- Richard Fraser Frenkel Topping Group plc Tel: 0161 886 8000 This information is provided by RNS The company news service from the London Stock Exchange
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