Disposal of Freehold Property

    RNS Number : 1098B
  Electronic Data Processing PLC
  11 August 2008
   


    11 August 2008




    Electronic Data Processing PLC

    Disposal of Freehold Property



    Electronic Data Processing PLC has today announced that it has exchanged contracts to dispose of its freehold office in Warrington to
Mambo Property Ltd. The consideration for the freehold is �1.6 million cash. Costs associated with the disposal are estimated to be �30,000.
The net sale proceeds will be added to existing cash resources. The property had a net book value of �1,082,000 at 31 March 2008. The
Company will lease back a part of the property at an annual rent of approximately �24,000.


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    Enquiries:

 Toby Mountford          Julian Wassell
 Citigate Dewe Rogerson  Chief Executive
 020 7638 9571           0114 2622007




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