Rank Group PLC
05 March 2007
The Rank Group Plc
- Completion of the sale of Hard Rock for US$965 million
(approximately £502 million)
Further to its announcement of 7 December 2006 and the approval of its
shareholders at the EGM on 8 January 2007, The Rank Group Plc confirms that it
has today completed the sale of its Hard Rock business to subsidiaries of the
Seminole Tribe of Florida for US$965 million (approximately £502 million).
The increase in the sterling equivalent of the purchase price from an estimated
£490 million on 7 December 2006 to £502 million at today's date is as a result
of changes in exchange rates during that period.
5 March 2007
website: www.rank.com
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