HYR.L Regulatory News (HYR)

11 Jan 2008 11:31

HydroDec Group plc11 January 2008 HYDRODEC GROUP PLC FIRST SUPERFINE OIL SHIPMENT TO TURKEY Hydrodec Group plc ("Hydrodec" or "the Company") today announces the firstshipment of its Superfine transformer oil to Ceyhan Petrokimya Sanayi ve TicaretLtd Sti ('CPST') in Turkey. The 144,000 litre order will leave the Young, NewSouth Wales plant for Turkey next week. It is anticipated this is the first ofmany such Superfine shipments to CPST. The agreement with CPST is for a minimumsupply of 2,400,000 litres of Superfine transformer oil during the first year ofthe agreement. Chairman John Gunn commented "This is the first major export order for Superfineand gives Hydrodec significant exposure to the Turkish transformer oil market.It also gives our product great international credibility during this crucialtime of our expansion into the US and other countries. I anticipate it will bethe first of many international orders for Superfine." For further information please contact: John Gunn, ChairmanHydrodec Group plcTel: 0207 621 5774 Emma DavisCurve PRTel: 07764 197 003 Nick WestlakeAnthony RichardsonNumis SecuritiesTel: 0207 260 1000 This information is provided by RNS The company news service from the London Stock Exchange