AGM Statement

Savills PLC 10 May 2006 10 May 2006 AGM STATEMENT At today's Annual General Meeting of Savills plc, the international property adviser, Chairman, Peter Smith said: 'Since the announcement of the results made at the beginning of March, the Group has, overall, performed in line with our expectations and ahead of the same period last year. Our UK Commercial property business made a good start to the year with investment markets remaining buoyant. Prime residential markets are strong with particularly high levels of sales in London. Transactional markets in Asia Pacific and Europe had a slower start to the year but remain active and our presence in Korea is developing well. Our Consultancy and Property Management businesses continue to grow and Financial Services has performed well. The Board currently remains confident that the full year will produce a satisfactory outturn.' A separate regulatory announcement outlining the special business passed at the Annual General Meeting will be made. Of note was the passing by shareholders of the resolution that the existing ordinary share capital of the company be split. Each existing 5 pence ordinary share will be divided into two new ordinary shares of 21/2 pence each. The share split will become effective on admission of the New Ordinary Shares to the Official List, which is expected to be at 8.00 am tomorrow (11 May 2006). As outlined to shareholders, it is expected that each New Ordinary Share will be approximately one half of the market price of an existing ordinary share (subject of course to market movement). This reflects the fact that shareholders will own twice as many ordinary shares in the Company. ENDS For further information, please contact: Savills plc (020 7409 9923) Aubrey Adams Citigate Dewe Rogerson (0207 638 9571) Simon Rigby Sarah Gestetner 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 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. Savills 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, fund management and a range of property related financial services. This information is provided by RNS The company news service from the London Stock Exchange

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