Trading Statement

Shanks Group PLC
31 March 2008


Trading Statement

31 March 2008

Shanks Group plc, a leading European waste management company, today issues the
following pre close trading statement.

Trading in the quarter to 31 March 2008 in the majority of our Mainland European
activities has been strong, although as predicted at previous results
announcements, the contribution from our Belgian landfill has declined in the
year ended 31 March 2008.  This has been particularly marked in the last quarter
following an increase in the legislative restrictions on the landfilling of
municipal waste in the Walloon Region from January 2008.  The continued
strengthening of the Euro has also boosted our Euro denominated results when
converted into Sterling.  In the UK overall trading is in line with our
expectations.  For the Group overall therefore, the performance in the quarter
to 31 March 2008 was robust giving us confidence that the full year result for
the year to 31 March 2008 will be in line with our expectations.

In order to come into line with general practice amongst listed companies we
have redefined our Headline Profit to exclude amortisation of intangible assets
arising on acquisition.  Prior to year ended 31 March 2007 the impact of this is
immaterial.  Below is a table restating the affected figures for the 2007 full
year and the 2008 Interim Results.

The Group's preliminary results announcement for the year ended 31 March 2008
will be published on Thursday 29 May 2008.

For further information contact:

Tom Drury, Group Chief Executive
Fraser Welham, Group Finance Director
Shanks Group plc
Telephone [phone]


Ginny Pulbrook, Executive Director
Citigate Dewe Rogerson
Telephone [phone]

                                                      2007              2008

                                                    Full Year        First Half
                                                        £m                £m

Trading Profit as previously reported:
Netherlands                                            31.0               17.1
Belgium                                                17.3                8.9
United Kingdom                                          3.2                2.5
Central Services                                       (5.3)              (2.6)
                                                   ___________________________
Group                                                  46.2               25.9
                                                   ___________________________

Amortisation of acquisition intangibles:
Netherlands                                             1.0                1.0
Belgium                                                 0.0                0.0
United Kingdom                                          0.1                0.1
Central Services                                        0.0                0.0
                                                   ___________________________
Group                                                   1.1                1.1
                                                   ___________________________
Trading Profit (1) restated:
Netherlands                                            32.0               18.1
Belgium                                                17.3                8.9
United Kingdom                                          3.3                2.6
Central Services                                       (5.3)              (2.6)
                                                   ___________________________
Group                                                  47.3               27.0
                                                   ___________________________

Group Headline Profit as previously reported           39.2               20.8
Amortisation of acquisition intangibles                 1.1                1.1
                                                   ___________________________
Group Headline Profit (2) restated                     40.3               21.9
                                                   ___________________________

Adjusted PAT as previously reported                    26.5               14.0
Amortisation of acquisition intangibles after tax       0.9                0.9
                                                   ___________________________
Adjusted PAT (3) restated                              27.4               14.9
                                                   ___________________________

Adjusted basic earnings per share as previously 
reported                                               11.3p               6.0p
Adjusted basic earnings per share (4) restated         11.7p               6.3p



1.  Operating profit from continuing operations before exceptional items
    and amortisation of acquisition intangible assets.

2.  Profit before tax from continuing operations before exceptional items and 
    amortisation of acquisition intangible assets.  Finance charges resulting
    from the change in fair value of interest rate swaps are treated as 
    exceptional.

3.  Profit after tax excluding exceptional items, amortisation of acquisition 
    intangible assets and the tax associated with both of these items.

4.  Earnings per share excluding exceptional items, amortisation of acquisition 
    intangible assets and the tax associated with both of these items



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