RNS Number:9116W
Soundtracs PLC
9 January 2001


SOUNDTRACS PLC ("THE COMPANY")
DISPOSAL OF SPENDOR AUDIO SYSTEMS LIMITED ("SPENDOR")

The  Company  is pleased to announce that it  has  exchanged
contracts for the sale of the business and assets of Spendor
for  a  cash  consideration of #160,000.   The  company  has
received  this  payment in cash subject to a pound-for-pound
adjustment dependant upon the completion accounts which  are
expected to be finalised by 31 January 2001.

Spendor  is  a  designer and manufacturer  of  high  quality
loudspeakers  for  professional and  consumer  use.  In  the
financial  year ended 31 October 1999, Spendor made  a  loss
before  taxation of #1,000 on turnover of #686,000. At  that
date  it  had  net  assets of #866,000,  including  cash  of
approximately   #313,000  and  an  inter-company   loan   of
approximately  #300,000.   On  completion,  Soundtracs  will
receive  other  cash distributions from Spendor,  which  the
Board currently expects to be of the order of #600,000.

Over  the  last  few years the transition from  analogue  to
digital   electronics  has  led  to  a  radical  change   in
Soundtracs core business. The Board of Soundtracs  concluded
that  new ownership would serve Spendor best for the  future
of  that  business  and  enable Soundtracs  to  utilize  the
proceeds  of  the  sale  to  deploy  in  its  digital  audio
business.

The Spendor business will continue to trade as Spendor Audio
Systems Limited from its current Hailsham facility with  the
existing complement of staff.

For further information:

Todd Wells, Chief Executive
Richard Owen, Chairman   020 7935 0811
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