Notifiable Interest

Stanelco PLC
31 October 2006

Stanelco plc ('the Company')



Notifiable Interest



The Company has been notified by a letter dated 30 October 2006 that following a
sale of 85,000,000 ordinary shares of 0.1 pence each in the Company ('Ordinary
Shares'), the Age of Reason Foundation now has an interest in 132,078,122
Ordinary Shares, representing a total of 13.19 per cent. of the issued share
capital of the Company.



The Age of Reason Foundation indicated in its letter to the Company that it has
sold the Ordinary Shares in order to fund the take up of part or all of its
entitlement under the Open Offer, as announced on 9 October 2006.



Enquiries:



Robert Duggan

Company Secretary

02380 867100


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