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Statement re. Press Speculation

13 May 2011 07:22

RNS Number : 5457G

Stobart Group Limited

13 May 2011

Stobart Group Ltd

Statement re press speculation

Stobart Group ("Stobart" or "the Company") notes the publication of a speculative article in today's Daily Telegraph. The Company believes the content of the article to be entirely false. The Company has been the recipient of scurrilous and malicious allegations previously. The Company and its Directors have not been contacted by any of the authorities referred to and is confident that there is no inquiry. Stobart's own enquiries have ascertained that the claims emanate from a disgruntled individual who has made false claims against the company in the past which resulted in him receiving a custodial sentence for contempt of court. The allegations are absolutely false.

Contact details

David Rydell

Pelham Bell Pottinger

0207 861 3232

This information is provided by RNS

The company news service from the London Stock Exchange

END

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