Notice of EGM

Tanfield Group PLC
17 February 2006


Tanfield Group PLC

EGM

Tanfield Group PLC ('Tanfield' or the 'Company') has convened an Extraordinary
General Meeting for 11.00 am on 13 March 2006 at which a Special Resolution will
be proposed to increase the Share Capital of the Company and give the directors
authority, within six months of the Extraordinary General Meeting, to allot up
to 80,000,000 new Ordinary Shares ('the Resolution').

Should the Resolution be passed by shareholders the Company intends to raise up
to £12m (before expenses) through an institutional placing of new Ordinary
Shares (the 'Placing'). It is expected that the net proceeds of the Placing will
be utilised by the Directors in relation to certain acquisition opportunities
that they are currently considering.

It should be noted that the detailed terms of the Placing (including price) have
not yet been agreed and the Placing is subject, inter alia, to the passing of
the Resolution, the terms of the Placing Agreement being agreed, the Placing
Agreement being entered into, and Admission.

There can be no certainty at this stage that the Placing will be effected. The
Placing will not be underwritten.

A circular explaining why the Directors consider that the Proposal is in the
best interests of shareholders as a whole and recommending that they vote in
favour of the special resolution to be proposed at the Extraordinary General
Meeting, was posted to shareholders yesterday.

Tanfield Group Plc
Roy Stanley - Chairman                                           01207 521 111




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