Doc re. Posting of Prospectus

Stanelco PLC
12 October 2006


Immediate Release                                                12 October 2006


NOT FOR DISTRIBUTION OR TRANSMISSION, DIRECTLY OR INDIRECTLY, IN OR INTO THE
UNITED STATES OF AMERICA, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA OR
JAPAN.

                                   Stanelco plc

                         ('Stanelco' or the 'Company')

                             Posting of Prospectus


Teather & Greenwood Limited, sponsor, financial adviser and stockbroker to
Stanelco, confirms the prospectus relating to the proposed Firm Placing of
1,375,000,000 New Ordinary Shares and the Open Offer of 600,992,559 New Ordinary
Shares at 0.8 pence per New Ordinary Share, of which 148,278,000 New Ordinary
Shares are being placed subject to clawback to satisfy valid acceptances under
the Open Offer, the Notice of Extraordinary General Meeting and the notification
of the change of accounting reference date to 31 December (together, the 
'Prospectus'), as announced on 9 October 2006, was posted today to shareholders
on the register of members of the Company at the close of business on the record
date of 6 October 2006.

Copies of the Prospectus have been submitted to the UK Listing Authority and
will shortly be available for inspection at the UK Listing Authority's Document
Viewing Facility, which is situated at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS

Tel. no. 020 7066 1000

Copies of the Prospectus will be available free of charge to the public at the
offices of Teather & Greenwood Limited, Beaufort House, 15 St. Botolph Street,
London, EC3A 7QR during normal business hours on any week day (Saturdays and
public holidays excepted) for the life of the Prospectus and from the Company's
website at www.stanelcoplc.com.


TIMETABLE OF PRINCIPAL EVENTS

The following timetable of principal events, as set out in the Prospectus,
replaces the timetable of principal events in the announcement of 9 October
2006.

                                                                      2006

Record Date for the Open Offer                                        close of dealings on 6 October

Announcement of the Issue to the London Stock Exchange                9 October

Ordinary Shares marked 'ex entitlement'                               10 October

Prospectus and Application Forms despatched                           12 October

Open Offer Entitlements credited to CREST stock accounts of           13 October
Qualifying CREST Shareholders


Recommended latest time for requesting withdrawal of Open Offer       4.30 p.m. on 26 October
Entitlements from CREST

Latest time for depositing Open Offer Entitlements into CREST         3.00 p.m. on 30 October

Latest time and date for splitting Application Forms (to satisfy bona 3.00 p.m. on 31 October
fide market claims)

Latest time and date for receipt of completed Application Forms and   11.00am on 2 November
payment in full under the Open Offer or settlement of relevant CREST
Instruction (as appropriate)

Latest time and date for receipt of completed Forms of Proxy          11.00am on 4 November

Extraordinary General Meeting                                         11.00am on 6 November

Admission and commencement of dealings in the New Ordinary Shares     7 November

Expected date for crediting of New Ordinary Shares to CREST stock     7 November
accounts in uncertificated form

Expected date of despatch of definitive certificates for New Ordinary by 21 November
Shares in certificated form

Teather & Greenwood Limited, which is authorised and regulated in the United
Kingdom by the Financial Services Authority, is acting exclusively for the
Company as sponsor, financial adviser and stockbroker in relation to the Issue
and no-one else in connection with the arrangements described in this
announcement and will not be responsible to anyone other than the Company for
providing the protections afforded to customers of Teather & Greenwood or for 
advising any other person in connection with the arrangements described in this
announcement.

For further information please contact:

Stanelco plc
Martin Wagner, Chief Executive
Sylvia Leavey, Investor Relations
Tel:  [phone]

Press: Financial Dynamics
Jonathon Brill/Billy Clegg
Tel: [phone]

This announcement is for information only and does not constitute an offer or
invitation to acquire or dispose of any securities or investment advice in any
jurisdiction.

Past performance is no guide to future performance and persons needing advice
should consult an independent financial advisor.

The information contained in this announcement is not for release, publication
or distribution, directly or indirectly, to persons in the United States,
Canada, Australia, Japan or the Republic of South Africa. This announcement is
not an offer of securities for sale into the United States. The New Ordinary
Shares have not and will not be registered under the US Securities Act of 1933,
as amended and may not be offered or sold directly or indirectly, in the United
States absent registration or an exemption from registration. There will be no
public offering of securities in the United States. The New Ordinary Shares have
not and will not be registered with any regulatory authority of any state within
the United States.

This announcement has been issued by Stanelco and is the sole responsibility of
Stanelco.

Defined terms used in this announcement are as used in the Prospectus.



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            The company news service from the London Stock Exchange