Trading Statement

Tanfield Group PLC 30 November 2004 Tanfield Group Plc ('Tanfield or 'the Group') Trading Update Tanfield Group have signed heads of terms for the acquisition of ClickHere Limited ('ClickHere'). ClickHere is an IT training and management development business based on Teeside with offices in Sheffield and Newcastle upon Tyne. The acquisition will be for 1,200,000 new ordinary shares and will consolidate the position of JoeKnowsit, the Groups training business. The Directors expect that the transaction will be completed before the end of the current year and will be earnings enhancing in the year ending 31 December 2005. Tanfield is also pleased to announce that since its recent acquisition, SEV, its electric vehicle business has won over £1.5 million of new orders. These orders are from the USA for aerial access equipment and from UK customers for road going electric vehicles used for refuse collection and deliveries. These new orders have involved the group winning two significant new customers. A fuller trading update will be issued at the time of the EGM, which takes place on 10th December 2004. Tanfield Group Plc Roy Stanley - Chief Executive - 01207 521111 Daniel Stewart & Co Ruari McGirr - 020 7374 6742 This information is provided by RNS The company news service from the London Stock Exchange
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