Trading Statement

Tanfield Group PLC 01 February 2007 Tanfield Group PLC ('Tanfield' or 'the Group') Trading Update UpRight Powered Access Appoints New Strategic Distributors, Weekly Order Intake Exceeds 14 million Euros The Directors of Tanfield are delighted to announce that Tanfield's flagship powered access brand, UpRight Powered Access, has over the past five working days successfully secured orders for over 1,200 aerial work platforms, with a total value in excess of 14 million Euros. The orders have been secured from a number of existing UpRight distributors, together with several new UpRight distributors, recently appointed by the Group in key strategic territories in the Middle East, Eastern Europe and Northern Europe. Tanfield will deliver the machines via a staged build programme across the calendar year 2007. The Group remains on schedule to double output to 100 UpRight machines per week by the end of February. Tanfield has ordered a larger, third crane line for the Group's 250,000sq ft UK assembly facility, Vigo Centre, which will further significantly increase capacity. Darren Kell, Chief Executive, said: 'We continue to benefit from our strategy to build a sophisticated global network of high quality, full service UpRight distributors. As this network grows in strength, we expect substantial increases in volume sales. 'The extra production capacity created by installing our third assembly line at Vigo Centre means that we can comfortably satisfy this large order, while simultaneously increasing machine availability for our wider customer base. 'From practically a standing start seven months ago, we have now firmly established UpRight Powered Access as the UK's largest manufacturer of self-propelled aerial work platforms and a leading brand in the global access marketplace.' Enquiries: Darren Kell, Chief Executive, The Tanfield Group Plc Tel. 0845 1557 755 Tom Jenkins Daniel Stewart & Company Plc Tel. 020 7776 6550 Media Enquiries: Dan Jenkins The Tanfield Group Plc Tel. 0845 1557 755 ENDS This information is provided by RNS The company news service from the London Stock Exchange VFLFXDFBLBBE
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