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Elton John Puts His Wardrobe on the Market to Benefit AIDS Foundation

Aired November 29, 2000 - 2:55 p.m. ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.

LOU WATERS, CNN ANCHOR: Do you have a music lover on your holiday gift list? If so, we know where you can pick up the perfect present for him or for her. It's a little shop in London that just happens to be owned by rock 'n' roll royalty.

CNN's Katie Derham takes a little inventory and shows us what Sir Elton John has on sale.

(BEGIN VIDEOTAPE)

KATIE DERHAM, CNN CORRESPONDENT (voice-over): Glitziest jumble sale ever: Elton John has emptied his wardrobe and is selling the contents for charity. For a few days only, members of the public can visit this exclusive Bond Street store, pick up a celebrity bargain. And proceeds go to Elton John's AIDS Foundation.

(on camera): More than 15,000 items from Elton John's wardrobe are on sale here today. You can pick up a pair of his socks for as little as a fiver, or perhaps a little designer number. This Versace waste coat would set you back 125 pounds. But it's not just clothes on sale. It's a grand piano at which he composed an entire album in the 1970s.

(voice-over): It's the third time Elton John has done this in Britain. And he's more than happy to clear out his closet for a good cause.

ELTON JOHN, MUSICIAN: It's for the AIDS Foundation. So there are a lot of kids in Africa that need the money, and lot of people that need the medicine and stuff. So I'm buying lots.

DERHAM: And they did. The crowds of shoppers and fan had spent 100,000 pounds after just four hours.

Katie Derham, ITN, Central London.

(END VIDEOTAPE)

NATALIE ALLEN, CNN ANCHOR: He is a good guy -- and quite the shopper, I might say.

WATERS: I guess so. I have got a couple cars stop by my house when I empty my closet. That's about it. TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com

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