Article: EMI GROUP PLC - Statement re sale and leaseback of Capitol Tower.

 
EMI ENTERS INTO SALE AND LEASEBACK ARRANGEMENT WITH ARGENT VENTURES FOR CAPITOL 
 TOWER IN LOS ANGELES 
 
 Argent To Purchase Tower And Adjacent Properties In $50 Million All-Cash Deal 
 
   Capitol RecordsandCapitol Studios ToContinue Operations in This Historic 
  Hollywood Location 
 
28 September 2006, London and Los Angeles - EMI Music North America has entered 
into an agreement with Argent Ventures, the New York-based commercial property 
owner and developer, to sell the Capitol Records Tower and adjacent properties 
to Argent for $50 million. As part of the agreement, EMI has entered into a 
long term lease with ...

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