RNS Number:7201J Shanks Group PLC 02 October 2006

2 October 2006

Company announcement

Pre Close Trading Statement

Shanks Group plc, a leading European waste management company today issues the following trading statement.

Overall results for the first six months of the 2006/7 year are forecast to be in line with the Group's expectations giving confidence for the year as a whole.

Initial results from the recent acquisitions of Smink Beheer BV in The Netherlands and the waste management and recycling activities of John W Hannay & Co Limited in the UK are encouraging with performances at least in line with the acquisition plans.

Commissioning of the first of two innovative Mechanical Biological Treatment (MBT) facilities at our East London Waste Authority (ELWA) contract is nearing completion substantially according to plan. Progress on the second facility and the Dumfries and Galloway PFI project facility is in line with or, in some areas, slightly ahead of schedule.

There has been strong interest in the solid recovered fuel generated by the MBT process and production quantities are now being delivered.

The Group's interim results for the six months to 30 September 2006 will be announced on Wednesday 8 November 2006.

Ends

For further information contact:

Michael Averill, Group Chief Executive Fraser Welham, Group Finance Director Shanks Group plc Telephone +44 (0) 1628 554920

Or

Ginny Pulbrook Citigate Dewe Rogerson Telephone +44 (0) 20 7282 2945

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

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