RNS Number : 7351K
  Dyson Group PLC
  23 December 2008
   

The following amendment has been made to the value of �1.5 million to �1.25 million. 
Announcement released on 23 December 2008 at 16.51 pm under RNS No 7321K.
 
All other details remain unchanged.
 
    The full amended text is shown below.


    Dyson Group Plc ("Dyson" or "Company")

    Property Disposal

    The Company is pleased to announce that it has exchanged contracts for the conditional sale of its freehold land and buildings at
Fulwood Road, Sheffield, currently used as the Group's registered office, for �1.4 million in cash.  The property was stated in the Group's
last interim accounts as at 30 September 2008 at a value of �1.25 million.

    The contract is conditional, inter alia, on shareholders' approval in a general meeting being given by no later than 31st March 2009.
The Company is in the process of drafting an appropriate circular which will be despatched to shareholders in the New Year.

    The proceeds of this sale will be used for current working capital requirements. The staff employed at Fulwood Road will relocate to the
Company's premises at Baslow Road in Sheffield.

    Enquiries:

    Dyson Group Plc                                                Tel: 0207 340 8528/0114 263 2835
    Patrick Lammers, Chief Executive Officer
    Christopher Kinsella, Finance Director

    Buchanan Communications                            Tel: 0207 466 5000
    Charles Ryland / Ben Willey

    KBC Peel Hunt Ltd                                              Tel: 0207 418 8900
    Marianne Woods (Corporate Broking)
    Julian Blunt (Corporate Finance)



This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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