Chairman's AGM Statement

SHANKS & MCEWAN GROUP PLC 22 July 1999 Shanks & McEwan AGM - First Quarter Update Reporting to shareholders at the Company's Annual General Meeting in Glasgow today (22 July), Shanks & McEwan Group PLC Chairman Mr Gordon Waddell said the first quarter's trading in the 1999/2000 financial year 'has been in line with our expectations'. For further information contact: John Shaughnessy, Group Head of External Affairs. Tel: 01628 524523

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