Disposal

Headlam Group PLC 24 April 2001 Headlam Group plc ('Headlam') Disposal of Claremont Fabrics Headlam announces that on Monday 23rd April 2001 it completed the disposal of the business and assets less certain liabilities and excluding cash balances of £407,000 of Claremont Fabrics, a business involved in the merchant converting and distribution of soft furnishing fabrics, to the existing management team. The consideration for the disposal amounts to £1.3 million paid on completion which will be applied to reduce Headlam's borrowings. End
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