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SCT SALE OF PACKAGE HANDLING SYSTEMS

12:00AM, 2 Jun 2006 | ASSET

SCOTT TECHNOLOGY LTD - SALE OF PACKAGE HANDLING SYSTEMS

Further to the company's 30th May announcement, the Directors of Scott
Technology Limited advise that the company has finalised its sale
negotiations and have an unconditional contract for the sale of its Auckland
division, Package Handling Systems, to the management of that business.

The sale of this division, which includes the Auckland land and building,
will free up capital and management resources to focus on the company's two
core business units and will be positive for the company's operating
position.

Yours faithfully

Graeme J Marsh                                          Chris Hopkins
Chairman of Directors                                           Managing
Director