AGM Statement

Associated British Engineering PLC
11 November 2002


                                        63 Church Street

                                        Harston

                                        Cambridge

                                        CB2 5NP


                                        Tel [phone]

                                        Fax [phone]

11 November 2002



To;

The Company Announcements Office

The Stock Exchange

From;

Mrs K M Good

Company Secretary

Associated British Engineering PLC

Dear Sirs

Annual General Meeting

The Annual General Meeting of the company took place today.


Mr Pearce Gould announced at the Annual General Meeting that he was resigning
with immediate effect as both chairman and director of the company. In view of
this resolution number 3 would not be taken.

All other resolutions were carried.


Yours faithfully


K M Good (Mrs)
Company Secretary


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