Disposal

Smiths Group PLC 16 October 2001 Smiths Group News Release London, 16 October 2001 For immediate release Smiths continues disposal process for non-core businesses Smiths Group has entered into an agreement to sell the vacuum and pressure businesses Stokes Vacuum, Hick Hargreaves, Hibon and Wilhelm Klein, to BOC Edwards for £12.8 million. Together with Plenty Ltd, which was sold last month, these US and European businesses previously comprised the vacuum & filtration unit of EIS Group. The deal is expected to be completed by the end of November, subject to regulatory approval. Smiths is a global business with market-leading positions in each of its four operating businesses: advanced aerospace systems; mechanical and polymer seals; medical devices and critical care equipment; and specialised industrial products for interconnect & air movement applications. Further information on Smiths can be found on the company's website: www.smiths-group.com. BOC Edwards, one of The BOC Group's three global lines of business, is the world leader in vacuum technology for industrial, scientific and semiconductor processing applications. BOC Edwards is a global concern with over 3,000 employees and annual sales around £800m ($1.1bn). Further information can be obtained from www.bocedwards.com Ends For further information contact: Smiths: Richard Bayliss, tel: + 44 (0) 20 8457 8306. E-mail: richard.bayliss@smiths-group.com BOC Edwards: Patrick Pearson. Tel: +44 (0)1293 603267. Fax: +44 (0)1293 407451. Email: patrick.pearson@edwards.boc.com The BOC Group: Christopher Marsay. Tel: +44 (0)1276 477222 E-mail: chris.marsay@group.boc.com
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