Disposal

RNS Number:5933Q
Charterhouse Communications PLC
02 February 2007



CHARTERHOUSE COMMUNICATIONS PLC
2 FEBRUARY 2007



       CHARTERHOUSE COMMUNICATIONS PLC ("Charterhouse" or the "Company")

                               DISPOSAL OF ASSET


The Company announces that on 1 February 2007 it agreed the sale of its
magazines What Investment, What Investment Trust and associated websites to
Vitesse Media plc, the AIM listed media company, for cash consideration of
#626,000 (less #126,000 for subscriptions paid in advance), payable on the
completion of the placement of Vitesse Media plc shares, anticipated to be on or
about 7 February 2007.

Together these assets comprised the "What Investment assets" of the Company.
What Investment magazine is a monthly magazine aimed at a broad range of people
seeking advice on personal finance matters. What Investment Trust magazine is
aimed specifically at those seeking advice on investment trusts.
In the latest management accounts for the seven months to 31 December 2006, the
"What Investment assets" contributed #88,000 to the Company.

The Board will use the proceeds of this disposal to further reduce the Company's
current bank debt, in line with the Board's strategy of reducing its level of
debt, as outlined in the Chairman's statement and Directors' Report accompanying
the accounts for the year ended 31 May 2006. The disposal of the "What
Investment assets" follows the disposal of the "IRS assets" for #185,000 as
notified on 16 January 2007.




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