Disposal

Nichols PLC 03 March 2006 Date: Embargoed until 07.00 hrs, Friday 3 March 2006 Contacts: John Nichols, Executive Chairman Brendan Hynes, Group Finance Director Nichols plc Telephone: 01925 222222 Website: www.nicholsplc.co.uk Alistair Mackinnon-Musson Philip Dennis Hudson Sandler Telephone: 020 7796 4133 Email: [email protected] NICHOLS PLC ('Nichols') Disposal of Surplus Freehold Property Nichols plc, the soft drinks group, announces the disposal of its surplus freehold property at Golborne near Wigan, Lancashire to Development Securities (No 32) Limited, a London based property development company, for £6.125 million in cash. This will give rise to a small exceptional profit on disposal in the current financial year to 31 December 2006. The net proceeds of the disposal moves Nichols into a positive cash position and will provide funds to enable the Group to pursue further opportunities in the soft drinks sector. - ENDS - This information is provided by RNS The company news service from the London Stock Exchange