RNS Number:4002E
Griffin Group PLC
12 June 2006


For immediate release

Stock Exchange Announcement

12th June 2006



                      Griffin Two Limited ("Griffin Two")
                                 Sale of Shares

On the 9th June 2006, Griffin Two, a wholly owned subsidiary of Griffin Group
Plc, disposed of 2,500,000 shares in One Charter. Following this disposal
Griffin Two now has a holding of 39,500,000 shares in One Charter representing
36.74% of that Company's Issued Share Capital.

                                     -End-


For further information:

David Nabarro                 Nabarro Wells                     020 7710 7400
Vince Nicholls                Griffin Group Plc                 01732 836 300



                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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