Disposal

Hill & Smith Hldgs PLC
7 August 2001

                              Property Disposal

In line with the policy of disposing of surplus properties, Hill & Smith
Holdings PLC ('Hill & Smith' or the 'Company') has exchanged contracts for the
sale of two sites, one at Newport and one at Netherton.

The total consideration for the sale of the properties will be £557,000.  This
will be used to reduce net borrowings of Hill & Smith.


For further information, please contact:

Hill & Smith Holdings PLC                                   Tel:  [phone]
David Grove, Chief Executive
Howard Everett, Company Secretary

Rawlings Financial PR Limited                               Tel:  [phone]
Catriona Valentine


Note to Editors

Hill & Smith Holdings PLC, based in Solihul in the West Midlands, contains
companies operating in the fields of building and construction products,
fencing and barriers, steel stockholding, and galvanising services.