First Day of Dealings on AIM

Hargreaves Services PLC
30 November 2005

    NOT FOR DISTRIBUTION IN THE UNITED STATES, CANADA, JAPAN, AUSTRALIA OR THE
REPUBLIC OF IRELAND

For Release 7.00am                                             30 November 2005

                            Hargreaves Services plc
                         ('Hargreaves' or the 'Group'),

                          FIRST DAY OF DEALINGS ON AIM

Hargreaves Services plc (AIM: HSP), a leading provider of transport and support
services to the energy and waste sectors, is pleased to announce its flotation
on AIM today.

Founded in 1994 as a coal haulage business with approximately 20 vehicles, the
Group's activities have now been transformed to cover mineral trading, coke
production, waste handling and transportation, handling and processing of
minerals through its two port facilities as well as specialist bulk road
haulage. The Group employs approximately 600 staff with a fleet of 370 vehicles.

At the Issue Price of 243 pence per share, £21.5million before expenses has been
raised on behalf of the Company via an oversubscribed Placing. The proceeds of
the Placing will be used to reduce gearing allowing the Group to fund the growth
of the business organically and by acquisition.

A further £1.2 million of existing ordinary shares have also been placed at the
Issue Price on behalf of existing venture capital shareholders.

On admission to AIM, the market capitalisation of Hargreaves at the Issue Price
is expected to be approximately £57.5 million.

Brewin Dolphin Securities is acting as Nominated Adviser and Broker to the
Group.

Placing Statistics

Issue Price                                                               243p
Number of Placing Shares placed on behalf of the Company             8,847,737
Number of Ordinary shares in issue upon Admission                   23,675,437
Percentage of Enlarged Share Capital placed                                 40%
Market Capitalisation at the Issue Price                                £57.5m

For further information, please contact:

Hargreaves Services plc
Gordon Banham                                                    0191 373 4485

Buchanan Communications
Tim Anderson/Diane Stewart/James Strong                          020 7466 5000

Brewin Dolphin Securities
Andrew Kitchingman/Andrew Emmott                                 0113 241 0130

Brewin Dolphin Securities Limited, a member of the London Stock Exchange,
authorised and regulated by the Financial Services Authority, is acting for the
Company only and will not be responsible to any other persons for providing the
protections afforded to clients of Brewin Dolphin Securities Limited or for
advising such person on the matters referred to in this announcement. Brewin
Dolphin Securities Limited has not approved the contents of, or any part of,
this announcement.




                      This information is provided by RNS
            The company news service from the London Stock Exchange