Tanfield Group PLC

("Tanfield" or the "Company")

Result of General Meeting

Tanfield is pleased to announce that at the General Meeting of shareholders held today all resolutions were duly passed. Further to the RNS dated 17 February 2016, the placing of £400,000 has now completed and accordingly 2,758,620 Placing Shares will now be issued.

Application for admission will be made to the LSE for the Placing Shares and it is expected that Admission will take place on or around 22 March 2016.

Following Admission, the Company's enlarged issued share capital will comprise 153,712,693 Ordinary Shares. The Company holds no shares in treasury. Therefore the total number of Ordinary Shares with voting rights is 153,712,693, which figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

For further information:

Tanfield Group Plc

Daryn Robinson                                                             0700 349 7489

WH Ireland Limited - Nominated Advisor

James Joyce / Nick Prowting                                          020 7220 1666

Peterhouse Corporate Finance - Broker

Peter Greensmith / Duncan Vasey                                  020 7220 9797