Proposed Issue of Equity

Hargreaves Services PLC
19 January 2007


19 January 2007

Hargreaves Services plc ('Hargreaves')

Proposed issue of new ordinary shares

Hargreaves announces the allotment (conditional only on admission) of 225,095
new ordinary shares to the vendors of Hargreaves Bulk Liquid Transport Limited
('HBLT'), as consideration for those shares in HBLT not already owned by the
Hargreaves group. Application has been made for such new ordinary shares to be
admitted to trading on AIM.

On admission, the new ordinary shares will rank pari passu in all respects with
the existing ordinary shares in issue. Admission of such shares to trading on
AIM is expected to take place on 22 January 2007. Following this admission,
Hargreaves' total issued share capital will comprise 23,900,532 ordinary shares.


Enquiries

Steve MacQuarrie, Company Secretary

0191 373 4485

ENDS




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