7 May 2009 

Stanelco PLC ('Stanelco' or the 'Company') 

Directors' Dealing 

Stanelco announces that on 30 April 2009 the Company issued a letter of wishes to the trustees of the Stanelco Plc Employee Benefit Trust (EBT) asking them to consider appointing 158,524,591 options over Stanelco plc Ordinary Shares of 0.1p each to sub trusts for the benefit of certain Directors and PDMRs of the Company, and their connected parties, as set out below.

In accordance with the Share Options Policy adopted by the Remuneration Committee the Options are issued with the following performance conditions.  On the exercise date, if the share price of the Company's Ordinary 0.1p shares is equal to 1.0p then 25% of the options will become available for exercise. The proportion of options available will increase pro-rata up to 100% if the share price is 2.5p or greater.

The letter of wishes in respect of the Options to the trustees of the EBT asked them to consider appointing the Options to sub trusts for the benefit of:

• Mr Paul Mines, his spouse, widow, children or stepchildren under the age of 18 years old (in respect of an option over 49,180,328 Ordinary Shares);

• Ms Sue Bygrave, her spouse, widower, children or stepchildren under the age of 18 years old (in respect of an option over 48,360,656 Ordinary Shares);

• Mr Paul Law, his spouse, widow, children or stepchildren under the age of 18 years old (in respect of an option over 28,688,525 Ordinary Shares); and

• Mr Neil Martin, his spouse, widow, children or stepchildren under the age of 18 years old (in respect of an option over 32,295,082 Ordinary Shares), 

each of which are at an exercise price of 0.61 pence per Ordinary Share, lapsing 23 April 2019, representing an award equal to 200 per cent of salary in accordance with the Share Options Policy. 

On 6 May 2009 the grant of these Options was confirmed by the trustees of the EBT. 

Following this confirmation, the Company's Directors and PDMRs are interested in the following options over Ordinary Shares: 

For further information please contact: 

Donna Simpson, Company Secretary, Stanelco plc    Tel: +44 (0)2380 867100