Admission to AIM

Darwen Holdings PLC 25 February 2008 DARWEN HOLDINGS PLC Admission to AIM and first day of dealings Darwen Holdings plc ('Darwen' or the 'Company') is pleased to confirm the admission of its ordinary shares to trading on the AIM market of the London Stock Exchange today, under the ticker symbol, DHP. The number of shares in issue following admission is 49,293,145. Darwen specialises in the design, assembly and supply of single and double deck buses to bus service operators in the UK, through its subsidiary, Darwen Group Ltd ('Darwen Ltd'). The Directors intend to establish Darwen as a leading vehicle manufacturing business. In addition to continuing to produce the diesel models, the intention is to develop a line of hybrid vehicles, which will enable the Company to provide low emission solutions to Darwen's existing and new customers in the UK and further grow its customer base. The Board believes that market demand for Darwen's existing products will strengthen as a result of the Department for Transport's overall strategy to facilitate the increased use of public transport in the UK. The Directors further anticipate that this transport strategy, combined with Government and social pressures to reduce society's impact on the environment, will create further opportunities for Darwen in the lower emissions vehicles marketplace. As such, Darwen is developing the next generation of low emission buses, including buses powered by diesel electric hybrid technology. Commenting on today's admission, Chief Executive, Andrew Brian, said: 'Today's AIM admission will support our strategic progress and provide our shareholders with greater visibility of value as the business grows. We have strong technical know how, design innovation and engineering excellence within the Company, and a strong reputation within the industry. The admission will further cement this reputation with our business partners and customers, supporting our goal to become a true leader in passenger vehicle design and assembly.' Contacts Darwen Holdings plc +44 (0) 1254 504150 Andrew Brian Chief Executive Cenkos Securities plc (Nomad and broker) +44 (0) 20 7397 8900 Stephen Keys MC2 (Financial PR) +44 (0) 161 236 1352 Sarah Lindgreen ENDS About Darwen Darwen Holdings plc ('Darwen') specialises in the design, assembly and supply of single and double deck buses to bus service operators in the UK, through its subsidiary, Darwen Group Ltd ('Darwen Ltd'). Darwen Ltd was established in August 2007 from the business and assets of East Lancashire Coachbuilders Ltd. The Company went on to acquire specialist design, manufacturing and product development consultancy skills with the addition of Leyland Product Developments Ltd (now known as Darwen LPD), in November 2007. Darwen's Board believes that market demand for high quality, low emission public service vehicles is growing. In response, Darwen is developing a line of low emission buses, using diesel electric hybrid technology. Darwen's Board comprises founder and Chairman, Roy Stanley, Chief Executive, Andrew Brian, and Non-Executive Director, John Fickling. www.darwengroup.com This information is provided by RNS The company news service from the London Stock Exchange
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