Networkers Intnl PLC: Joint Venture - Update | Company Announcements

Wednesday 01 July, 2009

Networkers Intnl PLC

Joint Venture - Update

RNS Number : 8476U

Networkers International PLC

01 July 2009

1 July 2009

Networkers International plc (the 'Company')

Joint Venture Agreement - Update

Further to the announcement of 8 June 2009, the Group today announces the completion and receipt of funds of the disposal of its Joint Venture business for a total cash consideration of $4.2m (approximately $3.5m net of foreign taxes).

Enquiries:

Networkers International 020 8315 9000

Spencer Manuel, CEO

Jon Plassard, CFO

www.networkersmsb.com

Seymour Pierce Limited 020 7107 8000

Richard Feigen

Catherine Leftley

This information is provided by RNS

The company news service from the London Stock Exchange

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