Tanfield Group PLC
27 April 2007

Tanfield Group plc (the "Company")



Holding in Company



Oyster Asset Management S.A., acting in the capacity as discretionary investment
manager to underlying funds, acquired 574,341 shares in the Company on 23 April
2007. Following this acquisition, Oyster Asset Management S.A., acting in the
above capacity, has a total holding of 8,774,241 shares, which represents 3.0
per cent. of the issued shares and votes in the Company.


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