AGM Statement for 1 February 2012

For immediate release 1 February 2012

Redhall Group plc

("Redhall" or the "Group")

AGM Statement for 1 February 2012

Redhall Group plc, the specialist engineering support services group, will hold its Annual General Meeting ("AGM") today at 12 noon at the office of Squire Sanders, 2 Park Lane, Leeds, LS3 1ES.

At the AGM David Jackson the Chairman and Chief Executive of Redhall will make the following statement:-

"Trading in the first quarter of the current financial year has been in line with management expectations.

I am pleased to announce that we have signed heads of terms for a commercial agreement with Baumert, a subsidiary of the French group, Groupe Gorgé. Baumert has a long-established track record of supply to the French nuclear industry and has the necessary approved designs for manufacture and installation of all types of doors used in nuclear power stations. We will bid jointly with Baumert for shield and security doors in the UK's nuclear new build programme commencing with Hinkley Point. As previously stated the potential revenue for these products for the partnership is approximately £50 million for each nuclear reactor.

We are currently in an adjudication process with Vivergo and this adjudication should determine the measured account value. The Adjudicator has indicated that he expects to make a decision during February. We will make an announcement once this decision has been communicated to us. Further action will follow to pursue recovery of the balance of outstandings principally relating to our claim.

As reported previously the restructuring of the Group is now complete and we are trading through three divisions Nuclear, Engineering and Manufacturing. As a consequence we will change our basis of reporting under IFRS for the current financial year to 30 September 2012 to reflect this new segmental structure. For comparative information purposes we will also make available our previous segmental analysis of energy, defence and process for the current financial year."

The Group's interim results will be announced on Thursday, 14 June 2012.

The Company confirms that its annual report and accounts for the year ended 30 September 2011 have been published and distributed to shareholders. The report and accounts are also available from the Company's website, www.redhallgroup.co.uk and at the Company's registered office, 1 Red Hall Court, Wakefield, WF1 2UN.

David Jackson

Chairman & Chief Executive

1 February 2012

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