RNS Number:1886U
Heavitree Brewery PLC
15 November 2005

The Heavitree Brewery PLC
Trood Lane
Matford
Exeter
Devon EX2 8YP



Contact: Mr G J Crocker - Director and Company Secretary
Telephone: 01392 217733
Date: 15 November 2005



Unlisted Investment - George Gale and Company Limited


The Company announces that it holds 23,000 Ordinary Shares, representing 2.3% of
the respective issued share capital, in George Gale and Company Limited which is
currently the subject of a recommended cash offer from Fuller Smith & Turner
P.L.C. On the basis that Heavitree accepts the offer and that the offer is
declared unconditional, Heavitree would realise a profit of around #800,000 on
its investment, the net proceeds of which will be applied in reducing the
Company's bank borrowings.



Ends.


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