Financing Update

5 Oct 2006 10:25

Stanelco PLC05 October 2006 Stanelco plc (the "Company") 5 October 2006 Financing update Further to recent trading updates on 17 August 2006 and 8 September 2006, theBoard of Stanelco plc wishes to confirm that the Company is in the final stagesof completing a fundraising at 0.8 pence per ordinary share. A further announcement will be made in due course. - Ends - For further information please contact: Stanelco PLC Martin Wagner, Chief Executive Tel: +44 (0)2380 867100 This information is provided by RNS The company news service from the London Stock Exchange