RNS Number:0617U
City North Group PLC
09 January 2004

City North Group plc ("the Company")

The Company has been informed that the following sale has taken place:

Mr Adam Sherley-Dale (Director) has sold 73,000 ordinary shares at 192p per
share. The sale was to provide funds for a house purchase.

Enquiries:
Michael Sherley-Dale                                  Managing Director
020 7932 0403                                         msd@citynorth.com

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