We are pleased to confirm that the dispute between North Yorkshire Moors Railway Enterprises PLC and Adam Dalgleish Engineering Limited, which had been referred to independent arbitration, has been settled amicably. The terms of settlement will remain confidential.

The parties acknowledge the helpful contribution of Mr. John Evans, LLM,BSc, CEng,FI MechE, FCIArb, the arbitrator nominated by the Institution of Mechanical Engineers. Ends.