Contract from TNT Express

Tanfield Group PLC 26 April 2007 26 April 2007 The Tanfield Group Plc ('Tanfield' or 'the Group') SMITH ELECTRIC VEHICLES SECURES CONTRACT FROM TNT EXPRESS Tanfield, the leading manufacturer of zero emission electric vehicles and aerial work platforms, today announces that Smith Electric Vehicles has secured a further contract to supply its electric vehicles to TNT Express for immediate delivery. The electric vehicles will be deployed across the UK and trialled for the first time in Europe. TNT Express UK has initially ordered fifty battery-powered Newton 7.5t trucks from Smith Electric Vehicles, a trading division of Tanfield. This contract follows a six-month long trial in and around London, completed two months ahead of schedule, by TNT Express UK of the Newton, which was deployed in TNT's delivery and collection operations. Additionally, TNT Express has ordered a further five electric vehicles from Smith Electric Vehicles for its first trial in mainland Europe. The vehicles will be deployed in a variety of urban operations in Rotterdam, Holland and will be a mixture of the Newton 7.5t truck and the Edison 3.5t van. Both electric vehicles use body shells that are universally recognised by the fleet drivers and perform all the usual tasks of a conventional diesel vehicle. The Edison electric van utilises a Ford Transit body shell and was launched this week ahead of the Commercial Vehicle Show in Birmingham on 24 April. TNT is a European market leader in global express, logistics and international mail services and has a fleet of 45,000 vehicles across Europe of which 3,500 is the UK vehicle fleet. TNT Express UK has previously stated that it is committed to purchasing up to 200 Newton 7.5t trucks over the next two years, subject to the results of the trial, which has now been completed. TNT is currently looking for further opportunities to deploy further electric vehicles throughout its operations in the UK and mainland Europe. The on-going trial with CEVA Logistics (formerly TNT Logistics) continues to progress well. Darren Kell, Chief Executive of The Tanfield Group Plc, said: 'The thorough trial conducted by TNT has demonstrated that our electric vehicles perform superbly in urban areas, while also providing a compelling reduction in operating costs and zero emissions. Our existing production facilities have the capacity for these vehicles and additional volume orders. We believe that this order further validates our strategy of seeding electric vehicles with major fleet operators. We are confident of receiving further volume orders both from TNT and other operators as current electric vehicle trials are concluded.' For further information: The Tanfield Group Plc Tel: +44 (0)845 1557 755 Darren Kell, Chief Executive dan.jenkins@tanfieldgroup.com Charles Brooks, Finance Director Fishburn Hedges Tel: +44(0)20 7839 4321 Morgan Bone Mob: +44(0) 7767 622 967 James Benjamin Mob: +44(0) 7747 113 930 tanfield@fishburn-hedges.co.uk St. Helen's Capital plc Tel: +44 (0)20 7628 5582 Ruari McGirr Cenkos Securities plc Tel: +44(0)20 7397 8900 Stephen Keys website: www.tanfieldgroup.co.uk Notes to editors The Tanfield Group Plc is the world's leading developer and manufacturer of road-going commercial electric vehicles and aerial work platforms. Tanfield is headquartered in Newcastle with operations in the USA and Japan. It has two main divisions: Smith Electric Vehicles, was founded in 1920 and acquired by Tanfield in October 2004. Since its acquisition, Smith is developing into a world leader in new technology electric vans and trucks with greatly enhanced performance, speed and range capabilities. This makes them attractive for all fleet operators in large towns, cities and closed industrial environment. For the first time, these fleet operators have an economically viable, zero emission alternatives to using diesel vans and trucks. Smith has an unrivalled UK-wide service and support network, which already maintains over 5,000 vehicles for major fleet operators. This core element of the business is beginning to fulfil its potential in terms of addressing the requirements of large urban fleet operators, who want to reduce their operational costs and more importantly, greatly reduce their carbon footprint. Smith's airport offering is complemented by two specialist airport vehicle sub-divisions; Jumbotugs and Norquip. www.smithelectricvehicles.com UpRight Powered Access, is firmly established as the UK's biggest manufacturer of self-propelled aerial work platforms (such as 'cherry-pickers', 'scissor lifts', 'trailer mounts', etc) and UpRight is globally one of the industry's strongest aerial lift brands in what is a $7bn market. UpRight has assembly facilities in the UK and USA, plus a wholly-owned subsidiary in Japan. Products are sold through a strong global network of over 150 independent, full-service distributors across Europe, North America, Middle East and Asia-Pacific regions. Tanfield has been successful in extending the UpRight product range and achieving significant increases in average weekly order intake, boosted in part by working at height regulations. www.upright.com www.aerialaccess.co.uk - ENDS - This information is provided by RNS The company news service from the London Stock Exchange
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