Investor relations & Rule 26 News Further letter to the shareholders of Petards

Water Hall Group Plc
Further letter to the shareholders of Petards
RNS Number : 5264V
Water Hall Group Plc
14 January 2013

For immediate release
14 January 2013

Water Hall Group plc
("Water Hall" or the "Company")
Further letter to the shareholders of Petards Group plc ("Petards")

The Board of Water Hall announces that on 11 January 2013 it sent a further letter to the shareholders of Petards providing further background to and the reasons for the resolutions to be considered at the General Meeting to be held on 25 January 2013.

The resolutions to be considered at the General Meeting are to remove Petards' present Non-Executive Chairman, Mr Tim Wightman, as a director, and in a separate resolution, to appoint Mr Raschid Abdullah as a director of Petards with the view that he will be appointed Executive Chairman to lead and develop the potential of Petards and its value.

As the largest single shareholder owning 29.99% of Petards, the Board of Water Hall has urged Petards' shareholders to support Water Hall's proposals by voting in favour of the resolutions which the board of Water Hall believes are in the best interests of Petards, its stakeholders including shareholders.

Enquiries:

Water Hall Group Plc
http://www.waterhallgroupplc.com
Raschid Abdullah
Tel: +44 (0) 1483 452 333

Beaumont Cornish Limited (Nominated Adviser and Broker)
Tel: +44 (0) 20 7628 3396
Roland Cornish / Michael Cornish

ENDS
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