AGM Statement

Spectris PLC
8 May 2002


Date:                Wednesday 8th May 2002

Contact:             Hans Nilsson, Chief Executive
                     Spectris plc                             Tel: [phone]

                     Richard Mountain
                     Financial Dynamics                       Tel: [phone]



                         CHAIRMAN'S AGM STATEMENT


As indicated at the time of the preliminary results, demand for the company's
products is dependent on improvement in industrial confidence, especially in the
US.  Some anecdotal and macroeconomic evidence points towards recovery and our
orders, after a weak start to the year, show some improvement going into the
second quarter.  However, indications suggest that the timing of the recovery is
such that, at present, we expect our performance in the year as a whole to be
somewhat weaker than in 2001.



Management continues to be forceful in constraining costs consistent with
maintenance of market positions so that the operational gearing effect of higher
sales when demand picks up will be fully reflected in improved profitability.
We anticipate negligible improvement in high technology markets, but are more
optimistic concerning the trends that we see in most other manufacturing
industries.



John Poulter

8th May 2002



Copies of this announcement are available from the company's registered office:

Station Road, Egham, Surrey TW20 9NP





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