Interim Results

Goodwin PLC
25 February 2000


Goodwin PLC - Unaudited Interim Results

The   attached  statement  is  sent  to  you  on  25  February
confirming approval of the Interim Report at the Board Meeting
held on 25 February 2000.  The Interim Report is to be sent to
shareholders today and will be made available to the public at
the Company's registered office.

Unaudited Interim Results


                          Half Year     Half Year   Year Ended
                              Ended         Ended     30 April
                         31 October    31 October         1999
                               1999          1998         £000
                               £000          £000
                                                              
Turnover                     10,119        12,998       25,364
                            -------       -------      -------
Group profit on                                               
ordinary activities              63           753        1,508
before taxation
                                                              
Taxation charge                  17           235          442
                            -------       -------      -------
                                                              
Group profit on                                               
ordinary activities              46           518        1,066
after taxation
                                                              
Minority interests              Nil           Nil           14
                                                              
Profit for the period            46           518        1,052
                                                              
Ordinary dividend               Nil           Nil          212
                                                              
Retained profit                  46           518          840
                            -------       -------      -------
                                                              
Earnings per ordinary         0.64p         7.20p       14.61p
share


Comments and Notes

The  turnover in the period was reduced by some 22%.  This was
primarily  a reflection of the continued low activity  in  the
oil and petrochemical construction industries worldwide.

The  profits  were  also  dramatically  reduced  despite  cost
cutting.  Many economists are of the opinion that sterling  is
20%  over-valued.   A reduction in sterling's  strength  would
greatly facilitate the Company, as a UK manufacturer,  in  the
winning of export orders.

The  comparative figures for the financial year ended 30 April
1999  are  not  the  Company's  statutory  accounts  for  that
financial year.  Those accounts have been reported on  by  the
Company's   auditors  and  delivered  to  the   Registrar   of
Companies.  The report of the auditors was unqualified and did
not  contain a statement under section 237 (2) or (3)  of  the
Companies Act 1985.


J W Goodwin
Chairman

Goodwin PLC
Ivy House Foundry
Hanley
Stoke on Trent