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Alumasc Group Plc (ALU)

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Tuesday 24 April, 2007

Alumasc Group Plc

Property Disposal

Alumasc Group PLC
24 April 2007

Tuesday 24 April 2007

                             THE ALUMASC GROUP PLC

                               Property Disposal

Alumasc, the premium building and engineering products company, announces the
sale of its property, previously occupied by two former subsidiaries, at
Cartbridge Lane, Walsall for £2.3 million after costs - a surplus over book
value of £0.9 million.

This was the larger of two vacant properties held for sale in Alumasc's mid-year
accounts at 31 December 2006, with a combined book value of £2.4 million. The
second property, at Middlemore Industrial Estate, Handsworth, Birmingham,
vacated following the closure of Copal in 2006, is currently being marketed.


The Alumasc Group plc                                       01536 383844
Paul Hooper (Chief Executive)                         [email protected]
Andrew Magson (Finance Director)

Bankside Consultants Limited
Charles Ponsonby                                           020 7367 8851
                                           [email protected]

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