AGM Statement

SIG PLC
02 May 2003


                             AGM TRADING STATEMENT


SIG plc, Europe's leading supplier of Insulation, Roofing and Commercial
Interiors products, is holding its Annual General Meeting today, 2nd May 2003.


David Williams, Group Chief Executive, will be making the following statement
concerning trading:


'Market conditions, which continue to be particularly difficult in Germany and
in Commercial Interiors across the UK and Europe, are generally in line with our
expectations.


Against this background, and whilst the comparison is against a rather weak
start to last year, trading  so far in 2003 has been positive.


This encouraging start to the year gives the Board confidence that further
progress will be made.'


Enquiries:

David Williams    Chief Executive    SIG plc           Tel:      [phone]
Gareth Davies     Finance Director   SIG plc           Tel:      [phone]
Gordon Simpson    Finsbury Group                       Tel:      [phone]




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