Re: Press Speculation

Tanfield Group PLC
27 June 2007

                               Tanfield Group Plc
                         ('Tanfield' or the 'Company')


                            Recent press speculation


The Company notes the recent press speculation regarding a fund raising. The
Company confirms that it has completed a placing to raise £115 million at 163p
per ordinary share to fund a substantial acquisition, which is expected to be
significantly earnings enhancing in the first full year of ownership. The
placing is conditional upon, inter alia, completion of the acquisition and the
Company expects to provide further information shortly.



Cenkos Securities plc                                 Tel: [phone]

Stephen Keys





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