RNS Number:0146S Shanks Group PLC 30 September 2005

30 September 2005 Company Announcement Shanks Group plc Pre Close Trading Statement

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

Following the Annual General Meeting on 28th July when the Group issued a positive statement, highlighting the continued strategic focus on the higher technology end of the waste treatment industry, Shanks confirms today that overall results for the first six months of the 2005/6 year are forecast to be in line with Group expectations.

The UK business, which following restructuring, delivered a major turnaround during 2004, continues to make solid progress and we expect another robust performance in the Benelux operations.

The PFI waste management contracts at East London Waste Authority, Dumfries & Galloway and Argyll & Bute are progressing to plan. The construction of the mechanical biological treatment plant at Frog Island for East London Waste Authority is on schedule.

A further announcement will be made in mid October covering the effect of the change to IFRS on Shanks together with the associated restatement of the results for the 2004/5 year.

The Group's interim results for the six months to 30 September 2005, will be announced on Thursday 3rd November, 2005.

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For further information contact: Michael Averill, Group Chief Executive Fraser Welham, Group Finance Director Shanks Group plc, telephone +44 (0)1628 524523 www.shanks.co.uk

Ginny Pulbrook, Executive Director CDR, telephone +44 (0) 207 282 2945

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

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