Burton planning consent

Renold PLC
26 June 2007

                                Renold plc
                      ('Renold' or the 'Company')

                 Planning consent for Burton facility


Renold is pleased to announce that it received planning consent for mixed use
development of its Burton on Trent factory site on 25 June 2007. The Company,
which had previously announced the conditional sale of the site to Morris Homes,
anticipates that the disposal will complete this calendar year.



The sale will generate £6.4m of cash before expenses which will be used to pay
down Group debt and consequently there will be a significant reduction in the
balance sheet gearing.



The company continues to make progress with regard to the disposal of its other
non core properties.



Bob Davies, Chief Executive of Renold, commented:



'This is another major milestone achieved in the implementation of the Company's
'PACE' programme and concludes a month in which we have already reported
significantly improved financial results and the completion of the strategically
important acquisition of Hangzhou Shanshui in China. We look forward to the
remainder of the year with confidence.'




                                                                    26 June 2007



Enquiries:



Renold plc                                   0161 498 4500
Bob Davies: Chief Executive
Peter Bream: Finance Director

College Hill                                 020 7457 2020
Matthew Gregorowski
Nicholas Potter





NOTE FOR EDITORS



Renold is a global leader in the manufacture of industrial chains and also
manufactures a range of gears and couplings which are sold throughout the world
to a broad range of original equipment manufacturers and distributors. Its
products are used in a wide variety of industries including manufacturing,
transportation, energy, steel, and mining. Renold has a well deserved reputation
for quality that is recognised worldwide.



Renold has 13 manufacturing plants throughout the world and employs 2,500 staff.
It is currently expanding its geographical footprint by increasing its
manufacturing presence in 'low cost countries'.



Further information about Renold can be found on the website: www.renold.com




                      This information is provided by RNS
            The company news service from the London Stock Exchange