Director's Dealings

Stanelco PLC
01 May 2008



Stanelco PLC ('Stanelco' or the 'Company')

Directors' Dealing

Stanelco has today granted options to the trustees of the Stanelco Plc Employee
Benefit Trust (the 'EBT') to acquire (by way of subscription) 88,100,000
ordinary shares of 0.1p each in the capital of the Company ('Ordinary Shares')
at an exercise price of 0.8 pence per Ordinary Share (the 'Options').

The Company's Executive Directors and Persons Discharging Managerial
Responsibility ('PDMR') are potentially interested in the Options.

In accordance with the Share Options Policy adopted by the Remuneration
Committee the Options are issued with the following performance conditions:

On the expiration of 3 years from date of grant of the Options, if the Company's
share price is equal to 1p then 25 per cent. of the Options will become
available for exercise. The proportion of Options available for exercise will
increase pro rata up to 100 per cent. if the Company's share price is 2.5p or
greater.

Stanelco intends, in due course, to issue a letter of wishes in respect of the
Options to the trustees of the EBT asking them to consider appointing the
Options to sub trusts for the benefit of Mr Paul Mines, his spouse, widow,
children or stepchildren under the age of 18 years old (in respect of an option
over 37,500,000 Ordinary Shares) and for the benefit of Mr Clive Warner, his
spouse, widow, children or stepchildren under the age of 18 years old (in
respect of an option over 30,000,000 Ordinary Shares) and for the benefit of Mr
Paul Law, his spouse, widow, children or stepchildren under the age of 18 years
old (in respect of an option over 20,600,000 Ordinary Shares) each of which are
at an exercise price of 0.8 pence per Ordinary Share, lapsing 27 April 2018,
representing an award equal to 200 per cent. of salary in accordance with the
Share Options Policy.

The appointment of these Options into the proposed sub-trusts is at the
discretion of the trustees of the EBT and a further announcement will be made by
the Company should they choose to act on the letter of wishes.

Following the granting of the Options to the EBT, the Company's Directors and
PDMRs are interested in the following options over Ordinary Shares:


                                           Date Granted    Date           Date option     Exercise    Ordinary 
                                                           exercisable    lapses          price       Shares
Stanelco PLC 2005 Unapproved Share
option Plan and Stanelco PLC Employment
Benefit Trust

The following options over Ordinary        28 April 2008   28 April 2011  27 April 2018   0.8p        88,100,000
Shares are held by the Trustees of the                                        
Stanelco PLC Employee Benefit Trust for
the benefit of all Directors and
employees

The following options over Ordinary
Shares have been appointed to sub
trusts for the benefit of the following
Directors and their families

Paul Mines                                   4 July 2007   4 July 2010    3 July 2017     0.52p       57,692,308
Clive Warner                                 4 July 2007   4 July 2010    3 July 2017     0.52p       46,153,846
                                           13 March 2006   13 March 2009  12 March 2016   15.18p       5,000,000
                                                                              




                                               -  Ends  -

For further information please contact:

Jonathon Brill/Billy Clegg
Financial Dynamics
Tel: [phone]





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