Norish PLC
03 April 2008
Norish plc ('Norish' or the 'Company')
3 April 2008
Felixstowe
Norish is pleased to announce that it has surrendered its lease to occupy the
premises known as Blocks C/D, Walton Ave, Felixstowe, Suffolk.
The premises, which were sub-let on a cost neutral basis to a third party,
attracted a market rent of £600,000 per annum with a lease ending in 2014.
The decision to surrender the lease agreement falls in line with the Company's
strategy of exiting the non-food sector which was announced in 2005 and as a
result, the Company's exposure to the long term rental liabilities has been
significantly reduced.
Enquiries:
Norish
Aidan Hughes, Finance Director Telephone: + 44 1293 862 498
NCB
Liam Booth, Managing Director Telephone: + 353 1 611 5611
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