Conversion of loan stock

Tanfield Group PLC
29 June 2005


Tanfield Group plc

Conversion of loan stock

Tanfield Group plc ('Tanfield' or the 'Company') announces that it has received
notices of conversion in relation to  £1,900,000 of loan stock.

The loan stock will convert into 19,999,996 new ordinary shares of 1p each. The
number of conversion shares was  calculated under the loan stock instrument at
the rate of 1000 new ordinary shares of 1p each in the share capital of  the
Company for every £95 nominal value of loan stock converted.

Of the converted loan stock Mr Roy Stanley, Chief Executive and Chairman, has
converted £287,500 into 3,026,315  ordinary shares. When the shares are admitted
to AIM Mr Stanley will hold 35,602,529 ordinary shares representing 19.58  per
cent. of the Company's issued share capital. Mr John Pither, Non-Executive
Director, has converted £237,500 into  2,499,999 ordinary shares. When the
shares are admitted to AIM Mr Pither will hold 3,599,947 ordinary shares 
representing 1.98 per cent. of the Company's issued share capital.

Mr Stanley commented, 'The conversion of loan stock by Directors is a sign of
our confidence in the Company's  prospects.'

Application has been made for the shares to be admitted to trading on AIM on 1
July 2006.

Enquiries:

Roy Stanley, Chief Executive,
Tanfield Group Plc                    Tel. [phone]

Ruari McGirr,
Daniel Stewart                        Tel. [phone]




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