We announced in March 2006 that we had received an approach for our Drycleaning division. Since that time, we have received a number of expressions of interest in the business.
In order to extract the best value for shareholders, we have now decided to conduct a formal auction for the sale of this division. An update on this process will be given at the time of the interim results in September 2006.
For further information, please contact:
Johnson Service Group PLC
Stuart Graham, CEO
Jim Wilkinson, CFO
Telephone 0207 290 0390
Hudson Sandler
Michael Sandler / Sandrine Gallien
Telephone 020 7796 4133
Investec Investment Banking
Michael Lacey-Solymar/Erik Anderson/Martin Smith
Telephone: 020 7597 5970