Interim Results

Expro International Group PLC
6 December 2000


                  Expro International Group plc

   Interim results for the six months ending 30 September 2000

       Rising order book gives confidence for second half

Expro  International Group PLC, the oil field services  company,
today  announces  interim results for the six  months  ended  30
September 2000.

Highlights

*    Turnover up 17.1% to £77m (1999: £65.8m)
*    Operating profits increased 17.8% to £8.3m (1999: £7.1m) (1)
*    Pre-tax profit at £6.3m (1999: £6.2m) (1)
*    Pre-goodwill  earnings per share at 6.8p (1999:  7.2p  pre-
     goodwill)
*    Interim dividend of 3.4p per share (1999: 3.4p)
*    Strong  contribution of Tripoint and Kinley  in  the  North
     American market
*    High level of orders and enquiries
*    Contract wins totalling £50m (see separate announcement)

 (1)   Existing Operations only.

Commenting on these results, John Dawson, Chief Executive, said:

'I  am pleased to report that group turnover for the first  half
is  17%  ahead,  reflecting our customers' gradual  increase  in
their Exploration & Production spending. We expect a progressive
increase in demand into the second half of the year.

'The  company's strategy remains to grow the business through  a
combination of organic initiatives and acquisitions,  exploiting
our   global   network   and  innovative   product   development
programmes.   I  am  confident that our continued  programme  of
strategic  investment and renewal over the past two  years  will
ensure that we benefit from the recovery in E&P spending.'

For further information:

Expro International Group PLC     On 6th December: 020 7253 2252
John Dawson, Chief Executive            Thereafter: 01189 591341
Eric Woolley, Group Finance Director

Golin/Harris Ludgate                               020 7253 2252
Robin Hepburn
Denise Peplow



Chairman's and Chief Executive's Statement

Introduction:   The backdrop against which we are reporting  our
results for the first half is of a sustained high oil price  and
our  customers  gradual increase in upstream spending,  as  they
begin the process of adding new production capacity and reducing
decline  rates  in  existing  wells.   Expro's  focus   on   the
development and production phase of an oilfield's life leads  to
a  lag  between the initial increase in our client's expenditure
and its impact on our revenues.

We would therefore expect to see the demand for our services and
products  accelerate in the second half and more so in the  next
financial  year.  As a result, we anticipate a significant  bias
in performance to the second half of the current year, very much
in line with our budget expectations.

Results  Summary:  Excluding  acquisitions,  turnover  increased
15.6%  to  £76m and Operating Profits increased 17.8%  to  £8.3m
compared to the same period last year.  On the same basis,  pre-
tax  profits of £6.3m were marginally ahead impacted  by  higher
interest  charges,  principally as a  result  of  the  increased
borrowings.    Earnings per share pre-goodwill of 7.7p  compared
with 7.2p in the prior half year.

Our  development of the US business through the  acquisition  of
the  Tripoint and Kinley production optimisation businesses  has
given  Expro  increased exposure to the North  American  market.
The  rapid  response of this market to increased E & P spending,
driven  by  the  rising demand for natural  gas,  was  the  main
contributor to improved results in the first half. We  see  this
trend  continuing  into the second half and spreading  to  other
geographic markets.

Production  Testers  International (PTI) and Surface  Production
Systems  (SPS)  were  acquired in May and  enhance  the  group's
position  in  the important market of marginal field  production
solutions, contributing a pre-tax loss for the period of  £0.9m.
In the second half, they are expected to be profitable following
recent long term contract awards in Iran by Shell, in Tunisia by
Brovig and in Indonesia by Sante Fe.

Dividend:   As  Expro  enters a cyclical  upswing  in  activity,
capital  expenditures are rising in response to  client  demand.
The  Board  believes  that  it is appropriate  to  maintain  the
interim dividend at 3.4p per share.  This will be payable on  31
January 2001 to shareholders on the register at 3 January 2001.

Business  Descriptions:  Expro is a  global  niche  provider  of
products and services to the international upstream oil and  gas
industry.  Approximately 90% of the group's business is  exposed
to  the  Development and Production phase of an oilfield's  life
with 10% to the Exploration and Appraisal phase.

The  group  specialises  in  three business  areas:  Cased  Hole
Services  (CHS)  -  production optimisation of existing  fields;
Subsurface  Systems (SSS) - subsea deepwater  field  development
and  operation;  and Surface and Environmental Systems  (SES)  -
products  and  services for production of marginal fields,  well
clean-up and reservoir description. The portfolio is managed via
four  geographic  markets:  Europe, Africa/Former  Soviet  Union
(AFSU), Asia Pacific and the Americas.

Results  Analysis: CHS turnover increased 44%  to  £32.8m.  Very
good progress is being made in the US and Canada on the back  of
increased  gas  prices.  In addition, following recent  contract
awards in North Africa and Kazakhstan, the rising trend for  CHS
requirements in the first half will continue in the AFSU region.
The  market share gains made last year in the UK North  Sea  are
beginning to result in increased volumes, as activity  picks  up
in    response   to   maximising   production   from    existing
infrastructure.  Significant progress has been made  to  enlarge
the  capability of our slickline deployment systems.  Using  our
new depth control system developed in the UK and field tested in
Asia,  we  are now able to accomplish most of the tasks  carried
out by electric-line deployed systems, offering the potential of
considerable cost benefits to the client.  This business  stream
has  been  an early beneficiary of increased operator  activity,
with  additional  leverage  to the  market  upturn  coming  from
Tripoint  and Kinley which were acquired in the second  half  of
last  year  and  are  now  fully  integrated  into  the  group's
operating structure.

With  its focus on field development activities the SSS business
segment  is  now  starting to show signs of recovery.   Although
turnover  was  up only 4% to £18.1m in the first  half  of  this
year,  there are now good signs of a recovery in demand in  this
business.   The  Tronic  subsea  controls  and  power  connector
business,  with  its  comparatively  short  lead-time   delivery
profile,  was the first of the SSS activities into the  downturn
last year.  It is now demonstrating a significant improvement in
orders,  beginning  to  match  the highs  first  experienced  in
1997/98,  providing  further evidence of the improving  business
cycle.

The  main  improvements in SSS activity have come  from  Africa,
Asia  Pacific  and  the  Americas, with a  reduction  in  Norway
equipment sales beginning to be made up by heavier service  work
in the UK Continental Shelf.

Two  new  products  were launched in the period,  Aquaphase  and
Digitron.  Aquaphase allows accurate continuous water  cut  data
to  be  taken  from a producing well.  It was first deployed  on
Texaco's Captain field and is a critical element in the  success
of  the project. In May, after a two year development programme,
Tronic launched Digitron, its new generation of deepwater subsea
control connectors.

The  SES business segment turnover has improved a modest  2%  to
£26.1m  against  the  same  time  last  year,  with  our  larger
operations in Europe and AFSU broadly neutral but with some pick
up  in  activity in Asia Pacific and the Americas.  The  outlook
for  the  second  half and beyond is supported by  a  number  of
recent contract awards for small field production operations. Of
principal  importance is Shell's award in Iran  to  provide  and
operate  an  early  production system for their  Soroosh  field.
This  contract  will be performed through a joint  venture  with
Swire,  resulting  from  the recent acquisition  of  PTI.   This
represents  Expro's  first major step into  the  market  in  the
Middle  East,  with  the contract valued at £33m  to  the  joint
venture.   Also, a significant under balanced drilling  contract
has  been  awarded by BP in Colombia to Weatherford, with  Expro
providing  the  surface treatment package.  On the environmental
side,  the  recent  Agip  award  of  an  extended  well  testing
programme on their Gaggiano project near Milan will see  Expro's
new clean enclosed burner deployed.

Outlook:  Group turnover for the first half of the year  is  17%
ahead  of  prior year's first half and 10% ahead of last  year's
second  half.  We have seen a pick up in activity in our  second
quarter  and  expect a progressive increase in demand  into  the
second  half of this year, leading to a more visible improvement
in the following financial year.

As  we have outlined above, order uptake and enquiry levels  are
strong in all segments of the business with our order book about
one third higher than six months ago.

Expro's strategy to grow the business continues to be through  a
combination of organic development and acquisitions,  exploiting
our   global   network   and  innovative   product   development
programmes.  The acquisitions we made in the US last  year  have
positioned the group to benefit from the strongly growing  North
American  market.  The businesses we acquired in the first  half
of  this  year  have further strengthened our  position  in  the
rapidly growing marginal field production market.

It  is  against  this backdrop that the directors  look  to  the
future with confidence.


Dr Chris Fay, CBE                  John H Dawson
Chairman                           Chief Executive



Unaudited Group Profit and Loss Account
for the six months ended 30 September 2000

                                    Six          Six         Year 
                                 months       months        ended 
                                  ended        ended           31     
                                     30           30        March 
                              September    September
                                   2000         1999         2000
                        Note      £'000        £'000        £'000
                                                                 
Turnover: Existing               76,062       65,771      135,694
operations
Acquisitions             6          963                     
                                               -           -
Continuing operations    2       77,025       65,771      135,694
                                                                 
Operating profit:                 8,313        7,056       16,984
Existing operations
                         6        (756)                     
Acquisitions                                   -           -
Continuing operations             7,557        7,056       16,984
Finance charges (net)           (2,193)        (905)      (2,130)
Profit on ordinary                                               
activities before                 5,364        6,151       14,854
taxation
Tax on profit on         3      (1,770)      (1,875)      (4,530)
ordinary activities
Profit on ordinary                3,594        4,276       10,324
activities after
taxation
Minority equity                    (10)            9          (2)
interests
Profit for the period             3,584        4,285       10,322
Dividends paid and       4      (2,192)      (2,173)      (6,278)
proposed
Retained profit for the           1,392        2,112        4,044
period
                                                                 
Earnings per ordinary                                            
share
Basic                    5         5.6p         6.7p        16.1p
Diluted                  5         5.5p         6.7p        16.1p
Basic before goodwill    5         6.8p         7.2p        17.3p
amortisation

Total  recognised gains and losses for the six months  ended  30
September  2000 comprise the profit for the period of £3,584,000
and  a  gain  of  £143,000 on foreign currency translation  (six
months ended 30 September 1999 - gain of £14,000; year ended  31
March 2000- loss of £171,000).



Unaudited Group Balance Sheet
at 30 September 2000

                                         30           30    31 March
                                  September    September        2000
                                       2000         1999
                                      £'000        £'000       £'000
Intangible fixed assets and          33,034       10,922      29,211
goodwill
Tangible fixed assets and            66,369       64,509      64,475
investments
Fixed assets                         99,403       75,431      93,686
                                                                    
Stocks and work-in-progress          10,937        5,359       8,277
Debtors                              62,659       46,217      50,011
Cash at bank and in hand              8,889        2,324       6,725
Current assets                       82,485       53,900      65,013
Creditors due within one year      (65,611)     (46,863)    (55,652)
Net current assets                   16,874        7,037       9,361
Total assets less current           116,277       82,468     103,047
liabilities
Creditors due after more than      (45,789)     (16,506)    (34,584)
one year
Provisions for liabilities and      (3,182)      (2,612)     (3,266)
charges
Net assets                           67,306       63,350      65,197
                                                                    
Capital and reserves                                                
Called-up share capital               6,447        6,400       6,407
Share premium account and            54,341       53,707      53,817
capital reserve
Profit and loss account               6,521        3,239       4,986
Shareholders' funds being equity     67,309       63,346      65,210
interests
Minority interest                       (3)            4        (13)
Total capital and reserves           67,306       63,350      65,197


Unaudited Group Cash Flow Statement
for the six months ended 30 September 2000

                                        Six        Six        Year 
                                     months     months       ended
                                   ended 30      ended          31
                                  September         30       March
                                       2000   September       2000
                                                  1999
                            Note      £'000      £'000       £'000
Cash inflow from operating   7        6,611     11,908      22,818
activities
Finance charges (net)               (1,565)      (788)     (2,202)
Taxation                              (976)      (964)     (4,124)
Capital expenditure and             (4,914)    (6,833)    (10,484)
financial investment
Acquisition of subsidiary           (5,793)      (477)    (13,980)
undertakings                 6
Equity dividends paid               (4,105)    (4,088)     (6,265)
Net cash outflow before            (10,742)    (1,242)    (14,237)
financing
Financing                             9,875      (596)       9,906
Decrease in cash in the               (867)    (1,838)     (4,331)
period



Notes to the Interim Results


1.The  results for the six months to 30 September 2000  and  the
comparative results  for the six months to 30 September 1999 are
unaudited and have been prepared on a basis consistent with  the
accounting policies  set out in the statutory accounts  for  the
year  ended 31 March 2000. The comparative figures for the  year
ended 31 March 2000 do not constitute statutory accounts for the
purpose  of section 240 of the Companies Act 1985 and have  been
extracted from the Company's published accounts, a copy of which
has been delivered to the Registrar of Companies and on which an
unqualified  audit  report has been made by the  auditors  under
Section 235 of the Companies Act 1985.


2. Analysis of turnover
                                    Six          Six          Year
                                 months       months         ended
                               ended 30     ended 30            31
                              September    September         March
                                   2000         1999          2000
                                  £'000        £'000         £'000
   Cased Hole Services           32,779       22,708        46,995
   Subsurface Systems            18,124       17,415        37,840
   Surface  and Environmental    26,122       25,648        50,859
   Systems
                                 77,025       65,771       135,694


3. Taxation
  Taxation on profits on ordinary activities has been calculated
  based  on  an estimated tax rate for the year ended  31  March
  2001  of 33.0%  and includes £1,981,000 in respect of overseas
  tax  offset  by  a tax credit in the UK (six months  ended  30
  September  1999  - rate, 30.5%; overseas tax £1,494,000;  year
  ended 31 March 2000 - rate, 30.5%, overseas tax £2,870,000).


4. Dividends
  An  interim  dividend  of  3.4 pence  per  ordinary  share  is
  declared  for payment on 31 January 2001 (six months ended  30
  September 1999 - 3.4p; year ended 31 March 2000 - 9.8p).


5. Earnings per share
  Basic  earnings  per share are based on the Group's  profit  on
  ordinary activities after taxation. For the six months  to  30
  September  2000  the earnings per share are  calculated  on  a
  weighted average number of ordinary shares in issue during the
  period  of 64,146,434 shares. The earnings per share  for  the
  six  months  to 30 September 1999 are based on 63,866,013  and
  for the year ended 31 March 2000 on 63,914,328 shares.
  
  Diluted  earnings per share are calculated in accordance  with
  FRS   14.   The  basic  earnings  per  share  before  goodwill
  amortisation is calculated by adjusting earnings  by  £749,000
  goodwill  amortisation  in the period  (six  months  ended  30
  September 1999, goodwill amortisation of £283,000; year  ended
  31 March 2000, goodwill amortisation of £713,000).


6. Acquisitions and goodwill
  On  1  May  2000,  group companies acquired the  Asia  Pacific
  business   of  Production   Testers  International   comprising
  business  and assets in Indonesia   including a 50% interest in
  Swire  Production   Testers  Limited.  The  total  consideration 
  including costs was £5,888,000  which was settled in the  form of
  a  loan note of £185,000  and  deferred   cash consideration of
  £559,000,  both payable  on  2 May 2001, with the balance of the       
  consideration settled  in  cash on acquisition. The fair value of
  the  net  assets   acquired  was  £3,682,000  generating goodwill
  of  £2,206,000.
  
  On  19  May  2000 a group company acquired the  entire  issued
  share  capital of Surface Production Systems Inc.,  a  company
  incorporated   in  the  United  States  for   a   total   cash
  consideration including costs of  £684,000. The fair value  of
  the  net  assets acquired was £167,000 generating goodwill  of
  £517,000.
  
  The  goodwill from both acquisitions has been capitalised  and
  is being amortised over 20 years.
  
  Current year acquisitions contributed a pre-tax loss of  £900,000
  after  allowing  for  associated interest costs  and  goodwill
  amortisation.


7. Cash flow information
  Reconciliation  of  operating profit to  net  cash  flow  from
  operating activities.

                                           Six        Six       Year
                                        months     months      ended
                                         ended      ended         31
                                            30         30      March
                                     September  September       2000
                                          2000       1999  
                                         £'000      £'000      £'000
Operating profit                         7,557      7,056     16,984
Depreciation and amortisation            7,765      6,190     12,788
(Profit)/loss on sale of tangible          (5)         21       (17)
fixed assets
Increase in stocks and work-in-         (2,660)    (1,227)   (1,985)
progress
(Increase)/decrease in debtors        (12,511)      3,954      3,084
Increase/(decrease) in creditors         6,465    (4,086)    (8,036)
and provisions
Net cash inflow from operating           6,611     11,908     22,818
activities
                                                                    

Analysis of net debt
                  1 April        Cash    Acqui-     Other           30
                     2000        Flow    sitions     non-     September
                                                     cash          2000
                                                  changes
                    £'000       £'000    £'000      £'000       £'000
Cash at bank        6,725       2,164        -          -       8,889
and in hand
Bank overdrafts  (14,212)     (3,031)        -      (309)   (17,552)
Debt due within   (6,992)         600    (185)          -     (6,577)
one year
Debt  due after  (32,698)     (9,966)        -    (1,064)    (43,728)
one year
Finance leases       (95)          55        -          -        (40)
                 (47,272)    (10,178)    (185)    (1,373)    (59,008)