for more information about stanelco click on the links.

driver's research page link
http://www.moneyam.com/InvestorsRoom/posts.php?tid=7681#lastread
website link
http://www.stanelco.co.uk/index.htm

regandjess1
We have been doing the sums on this board for the past 5 months the general feeling is 50p no problem, for me I can see 1.50 in two years.

Its a case of having to have them because they are cheaper than current ways of packaging, pay for themselves within year according to analysis. The other companies will not want to be left behind...

I agree 50p would be lovely and as a new holder would like to see it,some of you sound as tho' you have been with these a long time so i'll go with your estimates.If it does we'll all be laughing.

Good Luck...

I keep on hearing Tulips from Amsterdam!!8-)

The song in my mind is "Oh! What a beautiful morning..." Funny! because its afternoon now! Anyway, "everythings going our way", even with a few profit takers mistakenly congratulating themselves for booking a profit.

Eric

Stanelco PLC
09 February 2005


Stanelco plc

Agreement
And
Placing of New Ordinary Shares

Stanelco is pleased to announce that it has granted ASDA a 60 day option period
during which the two organisations will endeavour to reach agreement concerning
ASDA's access to Stanelco's RF sealing technology for food retail in the UK and
Ireland. Such agreement will include details of the duration of any
exclusivity.

The Board of Stanelco plc (the 'Company') is pleased to announce the placing by
KBC Peel Hunt of 38,000,000 ordinary shares ('New Ordinary Shares') at a price
of 12.825p per share to raise approximately 4.8 million (approximately 4.7
million after expenses). The proceeds of this placing will be used primarily for
working capital relating to existing development projects.

Application will be made to the UK Listing Authority for the New Ordinary Shares
to be admitted to the Official List and to the London Stock Exchange for such
shares to be admitted to trading on the London Stock Exchange's Market for
listed securities. Admission of the New Ordinary Shares is expected to become
effective on 15 February 2005.

The New Ordinary Shares will be issued credited as fully paid and will rank pari
passu in all respects with the existing Ordinary Shares, including the right to
receive all dividends and other distributions declared or paid thereon following
admission.

The Placing is conditional upon the Placing Agreement between KBC Peel Hunt and
the Company having become unconditional in all respects and not having been
terminated prior to Admission of the New Ordinary Shares, and admission of the
New Ordinary Shares becoming effective by 15 February 2005 or such later date
(not being later than 25 February 2005) as the Company and KBC Peel Hunt may
agree.



For further information please contact:

Ian Balchin, Chief Executive
Stanelco PLC
Tel: +44 (0)2380 867100

Jonathon Brill/Billy Clegg
Financial Dynamics
Tel: +44 (0)20 7831 3113

Julian Blunt

Beat me to it dexter!!

afternoon wilbs,
I only bought back in this am, don`t really know too much, is this RNS good news?, apologies for sounding thick!
Dexter

The way I read into it is that Asda wants it all to themselves?
I am not sure about the placement. What affect will this have on the sp?
Sorry for sounding thick to!
wilbs

That sounds a bit crazy, Asda having it all to themselves..

wilbs,
is that TO as in go to , or TOO as in as well as ??, whatever it is this is certainly exciting !!!.
dexter
L2 5 v 6 all blue

Total shares prior to placement about 843million. Dilution is minimal, but the have working capital or cash enough to survive. Also K Peel have been over the books with a spy glass and microscope and think it is worth at least 12.8p a share which is a cushion to land on!!!

Eric, like you can't believe people a dipping out before the sahre price hits 20p. It's difficult to me to give too mauch onformation because I work in the packaging industry, but this is causing major waves. Hold tight and we can all make a killing. Bought some more this afternoon, now have a range from 4p to 15p.

I think we should all hold fire till EWRobson has his say. Eric no rights issue then.

Minimal dilution but placing 38m shares must have been holding the SP back slightly so I guess now it could fly again!

so jacks you don't think the placing will dilute existing shares, price moving up on the release of RNS, i'm confused...

Fred1new,
thanks for that.

dexter,
I told you I was thick!! I blame it on a typing error.

I wonder what is going on with the other trials?

wilbs

My opinion (for what it's worth) is this is a good RNS. The placing took place at above yesterdays closing price, which shows confidence in the company and also, if asda take up the rights to use it exclusivly, I think they would have to pay extra for that otherwise seo would be better selling it to all and sundry.

There's the second RNS, option for 60 days.