Disposal

Harrier Group PLC 10 March 2005 Harrier Group plc Sale of the businesses and non-cash assets of the Company Having considered possible offers for the Company or its businesses over an extended period, the Board of Harrier Group plc ('Harrier') announces that the businesses of HarrierZeuros Ltd, HarrierZeuros Storage Solutions Ltd and IKAN Ltd, along with certain assets of the Group have been acquired by Matrix Communications PLC ('Matrix'). The companies provide an range of networking, security and storage solutions together with associated consultancy, support and training, complimenting the existing operations of the Matrix organisation. These businesses generated audited total operating revenues of £9,029,861 and an operating profit of £308,796 in the year ended 31 December 2003 and unaudited revenues of £6,096,229 and operating profit of £172,219 in the six months ended 30 June 2004. The total consideration paid by Matrix, including the repayment of intercompany loan accounts, is £4.5 million in cash. As a result of the sale of these businesses, Harrier is now a company with a cash balance in excess of £4.3 million. Following the sale, Jim Stoddard has resigned as Chief Executive of the Company. The Board of Harrier will now consider the best use of the company's cash for the benefit of shareholders including, amongst other things, seeking to acquire new businesses or returning the cash to shareholders. Contacts: Bob Morton, Chairman 07836 528617 Adam Hart, KBC Peel Hunt 020 7418 8900 This information is provided by RNS The company news service from the London Stock Exchange