(PNB.L) Pubs 'N' Bars PLC Buy/Sell

RNS Number : 1656X Pubs 'n' Bars PLC 10 August 2009

Pubs 'n' Bars plc

(AIM: PNB)

("Pubs 'n' Bars" or "the Group")

Disposal

The Directors of Pubs 'n' Bars, the community public house owner and operator announce that it has disposed of the leasehold property at the Duke of Cambridge, 160 Boundary Road, London, E17 8LA .

The Group had written its book value down to £nil at the 2008 year end valuations. The consideration received by the Group was £57,500 (before transaction expenses) which will be used to pay down existing levels of debt.

As a result of this transaction, the Group now operates 104 pubs

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Enquiries:

Mel Belligero, Chief Executive

Pubs 'n' Bars plc ` Tel: 020 8228 4800

Stewart Dick/Simon Starr

Daniel Stewart & Company plc Tel: 020 7776 6550

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

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