Final Results

SAMUEL HEATH & SONS PLC
15 July 1999


At  a meeting of the Board of Directors, the results of  the
Group were approved as follows for the year ended 31st March
1999:-

                       1999                    1998
                       ----                    ----
                 £000       £000         £000         £000
                                                        
TURNOVER                   10,740                    10,848
--------
                                                        
PROFIT ON                                               
CONTINUING                                              
ACTIVITIES                    954                     1,019
BEFORE
TAXATION
                                                       
TAXATION     
--------                                           
                                                        
Corporation      265                     266            
Tax based                                               
thereon                                                 
                                                  
Deferred         (31)         234        19            285
Taxation         ----         ---       ---            ---
                                                        
PROFIT FOR THE                720                      734
--------------
FINANCIAL YEAR
--------------   
                      
                                                        
DIVIDENDS  
---------                                             
                                                        
  Interim         101                     105           
                                                        
  Final           142         243         135           240
                  ---         ---         ---           ---
                                                        
ADDED TO RESERVES             477                       494
-----------------             ===                       === 

                                                        
DIVIDEND PER SHARE          8.3 pence               8.0 pence
------------------
                    
                                                 
EARNINGS PER SHARE          24.7 pence              24.5 pence
------------------                       

Earnings  per  share  are  derived  from  the  profit  after
taxation,  £720,000  (1998: £734,000) related  to  2,920,000
Ordinary  Shares, being the average number in  issue  during
the financial year (1998: 3,000,000).

The  Annual  General Meeting has been fixed for Friday  27th
August  1999  at  12.00  noon.   The  Final  Ordinary  Share
dividend  of  5.0 pence will be paid on Friday  27th  August
1999  and  the record date for this dividend is Friday  30th
July 1999.

J PARK
Company Secretary


Chairman's Report

I am probably as pleased with the results to March 31st 1999
as  any  in  the  last  years.  Trading conditions  at  home
altered  dramatically after the first three months  and  the
pound  continued  stronger  through  the  period.   Turnover
therefore actually fell by 1% against the previous year  but
considerably  more against budget.  But,  because  of  swift
action taken in the Autumn, the trading profit worked out at
8.4% on turnover.  This was in the first full year when  our
new  management structure was in place with myself taking  a
more part-time role.

It  was  pleasing to see that exports actually rose  by  4.5%
albeit at lesser margins and now represent 36% of our  total
sales.

The  problems in the British ceramic industry have been well
chronicled elsewhere and it was decided that it was unlikely
that  we, with Dartmouth Pottery, would buck the trend.   We
therefore found in March a private buyer for the business at
a  very small amount over book asset value.  This will  have
some  equally small effect on our total sales and return  in
the short term.

As  will  be apparent from the accounts, the Group continues
to  have  a strong balance sheet and your Directors  believe
that  a purchase of the Company's shares at the right  price
level   could   benefit  the  Company,   and   thereby   its
shareholders.  Accordingly, your Directors are seeking  your
approval  for the purchase of up to 15% of the issued  share
capital, 426,182 shares, between Annual General Meetings.

At the Annual General Meeting, a resolution will be proposed
to  authorise  your  Directors to purchase  ordinary  shares
between Annual General Meetings at a price of not less  than
10  pence per ordinary share and not more than 5% above  the
average  of  the  middle market quotations of  the  ordinary
shares  as  derived from the Stock Exchange  Daily  Official
List  on  the ten dealing days before the purchase  is  made
(exclusive of expenses).  The authority will expire  at  the
Annual  General Meeting to be held in 2000.  Your  Directors
believe  that  it  is  right for the  Company  to  seek  the
flexibility to purchase its own shares, and they accordingly
recommend  all  shareholders  to  vote  in  favour  of   the
resolution.  They intend to do so in respect of their own 
holdings of the Company's shares.  

During  the  last  year the Company did  in  fact  buy  back
158,788 shares.

After  this enthusiastic - for me anyway - resume, it  would
be  pleasant to be able to be upbeat about prospects for the
future.   Given  the  present  outlook  both  at  home   and
particularly  overseas, with the pound where it  is  against
the  Euro  it  is  difficult to be so.  As always,  we  have
budgeted  realistically  and  this  shows  a  result  to  be
expected well down on the previous year.  This could all  be
altered by the types of swings in trade and currencies which
we  have  seen in recent times, and also on the even  better
than expected success in the second half of a large range of
products which will be launched shortly.  Meanwhile, trading
within  the  first  three months has been marginally  up  on
budget.

Your Board is recommending a final dividend of 5.0 pence per
share, making a total of 8.5 pence for the year, an increase
of 6.25% on last year.

SAM HEATH
Chairman
15th July 1999