Acquisitions

Hill & Smith Hldgs PLC
6 June 2000


                           HILL & SMITH HOLDINGS PLC
                        ('Hill & Smith' or the 'Group')
                                       
In  line with our strategy of adding to the Group's core activities, the Board
of  Hill  &  Smith  is pleased to announce the acquisition of two  operations,
which dovetail into the Group's existing road furniture market and operations.

The  first  acquisition  consists of the highway  parapets  division  of  Baco
Contracts,  itself  a  division of British Aluminium  Limited.   The  cost  of
intellectual  property  and  assets purchased,  together  with  goodwill,  was
£404,000.

This  operation,  which designs, manufactures and installs aluminium  parapets
for  the  UK  and  worldwide markets, consolidates the position  of  Varley  &
Gulliver, a wholly owned subsidiary of Hill & Smith, in the worldwide  parapet
market.

The  second  acquisition  was for the total share capital  of  Dundec  Barrier
Systems  Limited.  The cost of the acquisition will lie between  £200,000  and
£410,000, dependant upon completion accounts and order book received.

Dundec  Barrier  Systems  Limited  installs  car  park  barrier  and  owns   a
proprietary system called 'Optimum'.  When placed alongside the Berry division
of  Hill & Smith Limited, it completes Hill & Smith Limited's spectrum of  car
parking barrier options.

The Group has funded both these acquisitions from internal resources.


For further information, please contact:

Hill & Smith Holdings PLC                                   Tel:  [phone]
David Grove, Group Chief Executive

Rawlings Financial PR Limited                               Tel:  [phone]
Catriona Valentine