Tanfield Group plc

("Tanfield", the "Company" or the "Group")

Result of AGM

Tanfield announces that, at the Annual General Meeting held earlier today, with the exception of Resolutions 4 and 5, all resolutions were duly passed. Resolutions 4 and 5 (relating to the authority to allot further shares) were withdrawn and not put to a vote, as it was felt by the Board that the level of authority for those resolutions was too high in the context of Tanfield being a passive investment company.

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For further information:

Tanfield Group Plc

Roy Stanley                                                                                        0845 155 7755

WH Ireland Limited - Nominated Advisor

James Joyce / Nick Prowting                                                      020 7220 1666

Peterhouse Corporate Finance - Broker

Peter Greensmith / Duncan Vasey                                           020 7220 9797