Disposal of assets

Helical Bar PLC 13 July 2001 13 July 2001 Helical Bar plc ('Helical Bar') HELICAL BAR SELLS £22.4 MILLION MIXED PORTFOLIO Helical Bar today announces that it has sold a mixed portfolio of properties to Antler Commercial Investments for £22.4 million. The properties in Bristol, Bellshill, Leamington Spa, Lincoln, Sunderland, Berwick and Stoke on Trent comprise office, industrial and retail trading and investment properties. The portfolio has a passing rent of £1,813,480 per annum and had a book value of £22.4 million at 31 March 2001. The consideration for the sale was cash. This will be used to reduce debt and increase Helical Bar's liquid resources. For further information, please contact: Nigel McNair Scott, Helical Bar, Tel: 020 7629 0113 Stephanie Highett, Financial Dynamics, Tel: 020 7831 3113 Dido Laurimore, Financial Dynamics, Tel: 020 7831 3113