AGM Statement

Savills PLC
30 April 2002


For immediate release                                              30 April 2002


                                 AGM STATEMENT


At today's Annual General Meeting of Savills plc, the international property
adviser, Chairman, Richard Jewson said:


'Property markets tend to start slowly at the beginning of the year however we
are pleased that the Group has made a satisfactory start to 2002.


'Commercial leasing activity is still affected by the weaknesses of the
corporate sector, however the investment market remains strong with both
institutional and private investors now viewing property as an attractive asset
class compared to equities and cash. Residential markets are firm and we have a
particularly good current book of instructions. In Asia, the transactional
markets continue to be weak but our business is firmly underpinned by the
property and facilities management divisions. Financial Services made a strong
start to the year.


'We believe that growing confidence and increased stability in the financial
market can only help prospects for the property sector.'


ENDS


For further information, please contact:


Grandfield
Harry Hunt / Gareth Penn                                          020 7417 4170



Notes to editors

Savills plc is a leading international property services company with a full
listing on the London Stock Exchange. The company has undergone dynamic growth
in recent years establishing itself as a powerful player on the international
stage with offices and associates throughout the UK, Europe, Asia Pacific and
Africa. In addition, Savills' strategic alliance with a top US full service real
estate advisory company, Trammell Crow Company, in North America, means that
clients have access to a network of offices in the US and Canada.


FPDSavills is the trading name for the property service subsidiaries of Savills
plc which advise on commercial, rural, residential and leisure properties. Other
services include corporate finance advice, property and venture capital funding
and a range of property related financial services.



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