Statement re Share Price Movement

Stanelco PLC 14 January 2000 The Directors of Stanelco Plc have noted further recent movements in its share price. Whilst the company continues to explore new applications for its welding technology, and possible licensing arrangements, there is far from any real certainty that a commercial benefit will ensue to Stanelco. The directors are not aware of any other reasons to account for the movements in its share price. Enquiries: Barrie Hozier - 0181-441-9144
UK 100

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