Notifiable Interest

Stanelco PLC
28 August 2007

                          Stanelco plc ('the Company')

                              Notifiable Interest



A form TR-1 containing the following information has been received by the
Company.

TR-1 notification of major interests in shares

1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:

Stanelco plc

2. Reason for the notification

An acquisition or disposal of voting rights

3. Full name of person(s) subject to the notification obligation:

Credit Agricole Cheuvreux International Ltd

4. Full name of shareholder(s) (if different from 3):

Credit Agricole Cheuvreux International Ltd

5. Date of the transaction (and date on which the threshold is crossed or
reached if different):

22/08/07

6. Date on which issuer notified:

24/08/07

7. Threshold(s) that is/are crossed or reached:

3%

8. Notified details:

A: Voting rights attached to shares
Class/type of     Situation previous to   Resulting situation after the triggering transaction
shares            Triggering transaction
                                          Notification required under DTR transitional provision 7
if possible using
ISIN CODE         Number of   Number of   Number of   Number of voting rights % of voting rights
                  Shares      Voting      shares
                              Rights
                                          Direct      Direct     Indirect     Direct     Indirect

GB0005814198      90,925,988  90,925,988  Less than
                                          3%

B: Financial Instruments
Resulting situation after the triggering transaction


Type of financial Expiration date     Exercise/           Number of voting       % of voting rights
instrument                            Conversion Period/  rights that may be
                                      Date                acquired if the
                                                          instrument is
                                                          exercised/ converted




Total (A+B)
Number of voting rights                              % of voting rights




9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:

SAS Rue La Boetie

Credit Agricole SA

Calyon SA

Credit Agricole Cheuvreux SA            Less than 3%

10. Name of the Proxy holder:

N/A

11. Number of voting rights proxy holder will cease to hold:

N/A

12. Date on which proxy holder will cease to hold voting rights:

N/A

13. Additional information:

N/A

14. Contact name:

Karen Browne



15. Contact telephone number:

0207 214 5282


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