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Grant of Monocell Permit

11 Nov 2005 07:29

Augean Plc11 November 2005 11 November 2005 Augean Plc ("Augean" or "the Company") Grant of Monocell Permit In the statement accompanying our interim results, your company drew attentionto a delay in receiving a permit to operate the Stable Non Reactive HazardousWaste monocells at its Thornhaugh site near Peterborough. Our original expectation had been that the permit would have been granted inJune, 2005, however, due to the delay caused by the workload of the EnvironmentAgency, the company decided to re-budget the revenue streams from this source toJune 2006. Your company is pleased to announce that it has now been granted a PollutionPrevention Control permit to operate monocells at the Thornhaugh site. We aredelighted that the Environment Agency has made this decision sooner than we hadexpected. Augean will now commence marketing these monocells and will provide guidance asto the impact in our pre-close statement in December. John Huntington, CEO of Augean Plc said: "Following our very recent statement concerning revenues for our company this isclearly positive news. The impact should be felt in the second quarter of 2006." - End - For further information, please contact: Jonathon Brill/Billy Clegg, Financial Dynamics - 020 7831 3113 This information is provided by RNS The company news service from the London Stock Exchange
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