Directorate Change

Stanelco PLC
13 April 2007

Under embargo for 07.00am



13th April 2007



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



                           Change of Chief Executive



The Board of Stanelco today announces that Martin Wagner is stepping down from
his position as Chief Executive with immediate effect for personal reasons.
Paul Mines has been appointed as the new Chief Executive, and joins the Company
on 16 April 2007.  This change follows consultation with a significant group of
the Company's shareholders.



Paul has extensive experience within the packaging sector.  Until 2006, he was
CEO of Betts Group Holdings Ltd. ('Betts') for eight years, having led a
management buyout of the company from Courtaulds plc. Paul developed Betts as a
specialist packaging business with a global footprint and sales of over £100m.
An Engineer with an MBA from London Business School, Paul spent his earlier
career at Courtaulds and ICI plc in a variety of commercial and operational
roles. He has recently been a consultant partner with Wyvern Partners LLP,
assisting their clients with fund-raising and strategic development with a focus
on the packaging and renewable energy sectors.



Martin Wagner has been Chief Executive of the Company since November 2005.
Martin made a significant contribution to the fund-raising exercise in November
2006.  He conducted the recent strategic review in order to reduce the cost base
and improve efficiency for the Company, and has been addressing the need to find
experienced partners to develop the Company's considerable IP portfolio. He will
make himself available for an orderly handover of responsibilities. The Board
wishes to thank him for his contribution during this difficult period in the
Company's development and wishes him well in his future career.



Commenting on the Board changes, Philip Lovegrove, Non-Executive Chairman said:



'We would like to thank Martin for his hard work and contribution during his
time with the business and wish him well in the future.'



John Standen, Non-Executive Director (to be appointed Non-Executive Chairman at
the Company's forthcoming AGM) said:



'Paul has considerable relevant experience and the right skills which will help
enable the Company to maximise opportunities and allow it to move forward and
deliver for the benefit of all shareholders. His immediate focus will be to meet
Stanelco's employees, visit the operations and to become fully acquainted with
the opportunities that lie ahead for the Company.'



Paul Mine's directorships:



Paul Mines is currently a director of Sulgrave Road Management Co. Limited and
Windmine Limited.  He was previously a director of Betts Group Holdings Limited.
  There are no further details required to be disclosed under paragraph 9.6.13R
of the Listing Rules or Disclosure Rule 3.1.2R.



                                   -  Ends  -



For further information, please contact:



Financial Dynamics

Jonathon Brill/Caroline Stewart   Tel: [phone]






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