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Statement re. Press Comment

15th Feb 2008 10:56

Hargreaves Services PLC15 February 2008 15 February 2008 HARGREAVES SERVICES PLC ("the Company") Hargreaves Services plc notes the recent comment in the media regarding thepotential extension of the life of Maltby Colliery from 2017 to 2027 and beyond. By way of clarification, the Company reiterates what it said with regards toMaltby in its interim results announcement on 14/02/08. Namely, that 'We(Hargreaves Services plc) are also currently undertaking a review of thetechnical and financial feasibility of reaching new areas of reserves outsidethe current area of working with a view to potentially extending the mine beyondthe current forecast expected closure date of 2017'. Importantly we note that there can be no guarantee at this stage that theviability of Maltby Colliery can be extended beyond 2017. Enquiries: Gordon Banham, CEO, Hargreaves 0191 373 4485 Peter Dillon, Financial Director, Hargraves 0191 373 4485 Tim Anderson, Buchanan Communications 0207 466 5000 Andrew Kitchingman, Brewin Dolphin 0845 270 8610 Sean Wyndham-Quin, Brewin Dolphin 0845 270 9518 This information is provided by RNS The company news service from the London Stock Exchange

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