Final Results

Goodwin PLC
22 September 2000


During  much  of the financial year commencing  1st  May  1999
constraints  in  capital expenditure within the  international
petroleum,  oil and gas industries together with the  strength
of  sterling led to reduced turnover, particularly in  Europe.
The  group's  efforts to be internationally  competitive  have
been undermined by government policies.

Capital investment has taken place to reduce costs and improve
efficiency and is reflected in the increase in net assets.

Towards the end of the financial year order intake picked  up.
Progress towards previous profit levels is expected due to our
efficiency and the greater capital expenditure within the  oil
and gas industry as a result of higher oil prices.

The  financial information contained in this report  does  not
constitute  statutory accounts within the meaning  of  Section
240  of the Companies Act 1985 for the years ended 30th  April
1999   or  2000.    Statutory  accounts  for  1999  have  been
delivered  to  the Registrar of Companies and those  for  2000
will  be  delivered  following the  company's  annual  general
meeting.  The auditors have reported on the accounts for  1999
and  2000; their reports were unqualified and did not  contain
statements  under Section 237(2) or (3) of the  Companies  Act
1985.

J. W. Goodwin
Chairman

22nd September 2000


Goodwin PLC
Statement of Group Profit and Loss Account
For the year ended 30 April 2000

                                               2000       1999
                                               £000       £000
                                                   
Turnover                                     20,769     25,364
                                          ---------   --------
                                                              
Profit on ordinary activities before            304      1,508
taxation
                                                              
Deduct:                                                       
Taxation Charge                                 110        442
                                          ---------   --------
                                                              
Profit on ordinary activities after             194      1,066
taxation
                                                              
Less:                                                         
Proposed ordinary dividend (see note)           106        212
                                                              
Minority interests                                8         14
                                          ---------   --------
                                                              
Retained profit of the financial year            80        840
                                          ---------   --------
                                                              
Earnings per ordinary share                   2.58p     14.61p


Notes:

1.   The proposed ordinary dividend represents 1.47p per share
     (1999: 2.94p)

2.   The proposed dividend will be paid on 10 November 2000 to
     shareholders on the register at the close of business on 13
     October 2000.

3.   The  Annual General Meeting will be held at 10.30am on  8
     November 2000 at The Saxon Cross Hotel, Sandbach, Cheshire.