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Result of EGM

15th Nov 2006 11:34

Tanfield Group PLC15 November 2006 Tanfield Group plc ("Tanfield" or "the Company") Result of EGM The Company is pleased to announce that at the Extraordinary General Meetingheld today all of the resolutions were passed. As a result, the placing of 50,000,000 new ordinary shares, as announced on 23October 2006, has been declared unconditional. The placing has raised £20m(before expenses) for the Company at a placing price of 40p per new ordinaryshare with admission expected on 16 November 2006. The new shares will rank paripassu with the existing ordinary shares. Enquiries: Darren Kell, Chief ExecutiveTanfield Group plc Tel. 0845 155 7755 Ruari McGirrDaniel Stewart & Company plc Tel. 020 7776 6550 This information is provided by RNS The company news service from the London Stock Exchange

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Tanfield
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