Issue of Equity

Stanelco PLC
03 June 2005



3 June 2005                       Issue of Equity
Stanelco Plc

Today announces the issue of 1,879,699 ordinary shares of 0.1p each representing
0.21% of the issued capital.

These shares have been issued to the vendors of Aquasol Limited as the second
payment due following completion of the  acquisition which was announced on the
3 June 2004 at the 2004 Annual General Meeting. The shares represent a payment 
of £500,000 at a price of 26.6p. Any future additional consideration payable
under the agreement will be based on  financial performance criteria.

An application will be made to the London Stock Exchange and the UK Listing
Authority for these shares to be admitted  to the official list.

Dealings are expected to commence on 9 June 2005.

Contact Details

Robert Duggan
Company Secretary , Stanelco Plc
Tel [phone]




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