Acquisition Update

Tanfield Group PLC
26 July 2007

                             THE TANFIELD GROUP PLC

                          ('Tanfield' or 'the Group')


                               ACQUISITION UPDATE

Further to the announcement on Monday 23 July 2007, following the completion of
both the acquisition of Snorkel Holdings LLC and the receipt of clearances from
the United States antitrust enforcement agencies under the United States
Hart-Scott-Rodino Improvements Act of 1976 on Wednesday 25 July 2007, admission
of 77,324,148 new ordinary shares will occur and dealings commence on AIM on 27
July 2007. These ordinary shares will rank pari passu in all respects with the
existing ordinary shares currently traded on AIM. Following admission there will
be 370,286,089 Ordinary Shares in issue.



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