Creation of Smiths Medical

Smiths Group PLC 12 June 2003 Thursday 12th July 2002 Smiths announces creation of single company for medical division Smiths Group today announced that its Medical division is streamlining its business units into one global company to be known as Smiths Medical. This is part of an ongoing strategy to enhance customer focus and further strengthen the company for profitable growth. The brand names, including Portex, Deltec, Graseby, Level One, Bivona, BCI, Wallace, Pneupac and PVB, will be retained to maximise their presence in their markets. The move is part of the company's increasing focus on specialist customer requirements in the global medical devices market. Commenting on the move, Group Board Member responsible for Smiths Medical, Lawrence Kinet, said: 'This move will assist the transformation of Smiths Medical into a truly global organisation with a more customer-oriented philosophy. We are positioning the company to take maximum advantage of the rapid growth expected in our market worldwide.' Smiths Medical offers market leading solutions in the areas of airway management, pain management, needle protection, arterial blood sampling, temperature management, critical care monitoring, hospital and ambulatory infusion, and vascular access. Smiths Group has market leading positions in aerospace systems, detection systems, medical devices, mechanical & polymer seals, and interconnect products. For further information, visit www.smiths-group.com Contact: Bernard Carey +44 (0) 20 847 8403 Caroline Harris +44 (0) 7771 973019 (mobile phone) Investor Relations: Russell Plumley +44 (0) 20 847 8203 This information is provided by RNS The company news service from the London Stock Exchange
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