AGM Statement

Hargreaves Services PLC 03 October 2007 For Immediate Release 3 October 2007 HARGREAVES SERVICES plc ANNUAL GENERAL MEETING STATEMENT At the Annual General Meeting to be held later today of Hargreaves Services plc (AIM: HSP), a leading provider of transport and support services to the energy and waste sectors, Chairman, Tim Ross, will say: 'I am happy to be able to report that results for the first quarter of the year are closely in line with market expectations. 'The integration into the Group of Imperial Tankers Limited, an acquisition announced on 17 September 2007, has started and is proceeding smoothly. Together with the business of Hargreaves Bulk Liquid Tankers and Gilbraiths, the acquisition of Imperial greatly increases the critical mass of our bulk liquid tanker operations and provides an additional depot in the North East to complement existing depots in the North West and the Midlands. 'The acquisition, in April 2007, of Simon Bulk Warehousing and Distribution has proved very successful and is now integrated into our subsidiary company, Norec Limited. The long term contract with ConocoPhillips has been successfully retained and is performing well. 'Hargreaves Raw Material Services GmbH, the Group's subsidiary in Germany, has continued to grow at an accelerated rate indicating the considerable potential for the Group services in the European market. 'Finally the Group order book continues to grow. A number of existing contracts have been renewed or extended and new contracts won. 'Your Board remains confident the Group will proceed in accordance with the Directors' expectations.' Enquiries Hargreaves Services plc 0191 373 4485 Gordon Banham Peter Dillon Buchanan Communications 0207 466 5000 Diane Stewart Catherine Breen Karen Morrison Brewin Dolphin Securities 0113 241 0130 Andrew Kitchingman This information is provided by RNS The company news service from the London Stock Exchange FWESWSELS
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