Trading Update

Renew Holdings PLC
29 March 2007



Renew Holdings plc
('Renew' or the 'Group')

Trading Update


Ahead of its interim results for the half year ended 31 March 2007, which will
be reported on Tuesday 22 May 2007, Renew is providing the following update on
trading.

As reported at the time of the AGM on 24 January 2007, the Group's strategy of
focusing on specialist markets is securing a higher quality of work. The Board
is pleased to announce that this positive progress has continued throughout the
first half.

The Group's Specialist Engineering activities have seen better organic growth
than expected with margins maintained at target levels. The Specialist Building
activities have enjoyed improved margins on similar levels of turnover to last
year.

The Group's cash position has also continued to improve.

The Board looks forward to reporting on further progress at the time of the 
interim results announcement.


                                                                   29 March 2007

Enquiries:

Renew Holdings plc                            Tel: [phone]
Brian May, Chief Executive
John Samuel, Group Finance Director

College Hill                                  Tel: [phone]
Mark Garraway
Matthew Gregorowski



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