QDG Quadnetics Grp

RNS No 0725q
QUADRANT GROUP PLC
13th October 1997

                               
               Quadrant Group Plc ("Quadrant'')
   (The Precision Engineering and Electronic Systems Group)
                               
             SALE OF FREEHOLD PROPERTY IN HAINAULT

Quadrant has reached agreement to sell its freehold property
in Fowler Road, Hainault, Essex to Mirravale Properties
Limited for a consideration of #1,085,000.

The sale proceeds, which are payable in cash, will be used to
reduce the financial gearing of the Group.

The property, which has a current book value of #1,190,000, is
occupied by Quadrant's former subsidiary, Yewlands Engineering
Co. Limited ("Yewlands") at an annual rent of #150,000.  Under
the terms of the sale agreement Quadrant will also retain the
right to receive rent for the period to July 1998, to include
coverage of a rent free period granted to Yewlands when the
company was sold earlier this year.

Commenting on the disposal, Mr David Coghlan, Chief Executive
of Quadrant, said:

"This is another step in the process of financial and
operational restructuring of Quadrant that has taken place
over the past year, involving the disposal of the
Photographics and UK Precision Engineering subsidiaries and
the subscription of significant new equity.  This further
reduction in borrowing leaves the Group better placed to
exploit the excellent growth opportunities in its core
businesses."

For further information contact:

David Coghlan (Chief Executive)
01527 850080
Brian Coleman-Smlth (Binns & Co. Public Relations)
0171 786 9600


END

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