RNS Number:6386I
Honeycombe Leisure PLC
12 March 2003


12 March 2003

                              HONEYCOMBE LEISURE PLC

                                    DISPOSALS


Honeycombe Leisure PLC announces that it has exchanged contracts for the sale of
the Hare & Hounds in Bowland Bridge and surplus land adjacent to the Royal Hotel
in Kirkby Lonsdale.  Total proceeds are #1.05 million, which equates to book
value, and will be applied to further reduce borrowings.

Paul Snape, Finance Director of Honeycombe commented:

"The effects of these disposals on profits will be negligible:  the Hare &
Hounds is one of a limited number of non-core trading units, producing below
average returns, earmarked for disposal, together with further surplus
non-trading assets.  Negotiations on these are continuing and the Board expects
to make further announcements in due course."


Enquiries to:

Paul Snape
Finance Director
Honeycombe Leisure PLC                                        Tel: 01772 723 764

Simon Rothschild/Tarquin Edwards
Holborn                                                       Tel: 0207 929 5599


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