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					river quarter, manchester
	River Quay. 21 April 2006 SALE OF PROPERTY The Directors of Pathfinder are pleased to announce that they have signed an agreement to sell the site at River Quay, Manchester for a total cash consideration of £17,000,000 plus VAT. Completion of the sale will take place on 31 August 2006.Edward Azouz, Chairman commented: "We are delighted to have effected a sale at this stage, and we consider that we have achieved value for the Company and shareholders. The proceeds will be used to pay down debt and to invest in further property development opportunities." The Company is continuing with its development plans at its site in Newark.