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Tower Colliery Update

7 Apr 2011 07:00

RNS Number : 4617E
Hargreaves Services PLC
07 April 2011
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For Immediate Release

7 April 2011

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Hargreaves Services plc ('Hargreaves')

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Tower Colliery Update

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Hargreaves Services plc (AIM: HSP), a leading supplier of solid fuels and bulk material logistic services, provides an update in respect of the Tower Colliery project in South Wales.

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We indicated in the Interim Results that management expected, barring unforeseen circumstances, that a decision could be forthcoming in March 2011. Whilst the planning and consultation process has continued to progress, we now expect the process to continue into the summer before any decision will be made.

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Despite the extended process, management is pleased with the progress being made and will continue to work closely with the local authorities and other interested parties in order to secure a planning decision at the earliest opportunity.

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A further announcement will be made as soon as the planning decision is obtained.

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For further details:

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Hargreaves Services

Gordon Banham, CEO

Iain Cockburn, Finance Director

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0191 373 4485

Buchanan Communications

Tim Anderson/James Strong

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0207 466 5000

Brewin Dolphin

Matt Davis

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0845 213 1000

RBS Hoare Govett Limited

Stephen Bowler

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0207 678 8000

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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