Final Results

Clarke(T.) PLC
9 March 2001



                MAJOR NEW BUSINESS POWERS RECOVERY AND GROWTH

                            AT CONFIDENT T CLARKE

T. Clarke plc, ('T. Clarke') the Electrical engineering and contracting
company, has today announced its results for the year ended 31 December 2000.

Highlights


  * Operating profit up to £4.30m (1999: £4.05m)

  * Pre tax profits up 4% to £4.58m (1999: £4.42m)

  * Turnover increased by 28% to £98.36m (1999: £77.03m)

  * £2.6m Leeds based H&C Moore Acquisition completed

  * Earnings per share at 24.69p (Weighted average number of shares in issue
    12,527,851)

  * Total Dividend up by 27% to 15.5p (1999: 12.2p)


Current Work Includes:             HM Treasury, Whitehall

                                   Goldman Sachs, Fleet Street,

                                   Mid City Place, Holborn,

                                   Vodafone HQ, Newbury

                                   HSBC & Citigroup Towers, Canary Wharf
New Work Includes:                 CSFB, Canary Wharf

                                   Capital One Bank, Nottingham

                                   The Link, Halifax

                                   Peter Jones, Sloane Square

                                   Prudential, Green Park, Reading

Pat Stanborough, Managing Director commented,

' This has been a testing, yet active year for T. Clarke. We have increased
significantly the regional spread of our services. The acquisition of the
Leeds based H&C Moore business has bedded down well and is making a good
contribution.

' Since our November trading statement, when we warned that our results would
be affected by difficulties on two projects, we have made much good progress.
The projects in question have been resolved and we have put stricter controls
in place to prevent any recurrence of these problems.

' The prospects for the Company are excellent. We are focusing on reducing the
risk profile of our work and concentrating on margin growth. We are winning
excellent quality assignments from a range of blue chip clients, much being
repeat business. The order book going forward is in a very healthy position.'

                                    -ends-

Date: 9 March 2001

For further information contact:

T. Clarke plc                              City Profile Group

Pat Stanborough, Managing Director         Simon Courtenay

Robin Wyborn                               Ed Senior

020-7358-5000                              020-7726-8588

web: www.tclarke.com                       e-mail: [e-mail]



CHAIRMAN'S STATEMENT

It is satisfying to be able to report on a year when turnover advanced by 28%,
to £98.4m, (23% excluding acquisition), and net profit, before exceptional
costs, grew by nearly 8%, to £4.76m.

In our Trading Update, issued in mid November, we highlighted difficulties
encountered on two specific projects which at that time lead us to expect an
out-turn for the year somewhat below market expectation. I am pleased to
report that uncertainties surrounding these projects have been resolved and,
with good progress being made elsewhere in the Group, pre-tax advanced
modestly to £4.58m - this despite certain exceptional costs relating to asset
write-downs, and a reduction in interest receivable.

In the Interim Report in August, we commented on the reduction in cash
balances occasioned by the strong build-up in work-in-progress. During the
latter part of the year the position was turned round most encouragingly; and
the end December balance was a shade under £9m, £2m ahead of the figure for
end 1999.

Earnings per share, allowing for the small increase in issued share capital
during the year, were virtually unchanged at 24.0p. A final dividend of 11.7p
is recommended, bringing the total for the year to 15.5p, a 27% advance on the
1999 payment of 12.206p.

Operational Review

The buoyant market conditions continued during the second half of 2000, and
all major regions contributed to the strong advance in turnover. H&C Moore,
acquired with effect from 19th July 2000, made a very positive contribution.
Meggitt Marsh, our Bournemouth subsidiary had a disappointing year. A detailed
review of this operation has taken place, in conjunction with the recently
appointed subsidiary M.D, and we have every intention of pushing forward to
critical mass in turnover, and restoring profitable trading during 2001.

Among the major projects completed during the latter part of 2000 were
Standard Life, Finsbury Square; Exxon Mobil, Kingsway; the Bridges Shopping
Centre, Sunderland; Chiroscience, Cambridge; Marks and Spencer, Stoke and
Sheffield.

We are currently working on a considerable number of prestigious contracts,
including HM Treasure; Goldman Sachs, Fleet Street; Mid City Place, Holborn;
Vodafone, Newbury; The University of the West of England; HSBC and Citigroup,
Canary Wharf, BAT, Southampton and Arthur Anderson, Birmingham.

The Workload in certain departments extends well into 2002, and we look
forward to commencing work later this year, or early next, CSFB, Canary Wharf,
Business Park, Hemel Hampstead; Capital One Bank, Nottingham; The Link,
Halifax; Peter Jones, Sloane Square; Prudential, Green Park, Reading and The
Gate, Newcastle-upon-Tyne.

As noted in the November statement, we are putting increased emphasis on
negotiated projects, combined with selective tendering, and repeat work for
valued clients - all of which should reduce the risk profile which is an
inevitable part of the contracting environment.



Prospects

We will continue during the current year to do our utmost to capitalise on the
favourable market conditions which pertain, particularly in London and
South-East. With our strong financial position, we are looking actively to
enhance our regional presence and also to add complementary skills to the
Group. I am very conscious that T.Clarke's key asset is our highly trained and
motivated workforce, and we are putting internal investments into staff
training and I.T to enable us to respond effectively to client needs.

I close with my thanks to our Directors, their Teams, our Clients, and
Suppliers, and look forward to the current year result with confidence.

8th March 2001

R.J. Race

Chairman



Group profit and loss account

For the year ended 31st December 2000
                                                                 2000      1999
                                                 Continuing         £         £
                                     Acquisition Operations     Total     Total

Turnover                              3,349,267 95,014,288 98,363,555 77,029,078

Cost of sales                         2,591,565 85,058,246 87,649,811 68,012,467

                                     __________ __________ __________ __________

Gross Profit                            757,702  9,956,042 10,713,744 9,016,611

Administrative expenses                 651,835  5,761,408  6,413,243 4,967,658
                                     __________ __________ __________ __________


Operating profit                        105,867  4,194,634  4,300,501 4,048,953
                                     ========== ==========

Interest receivable (net)                                    277,094   375,885
                                                           __________ __________

Profit on ordinary activities before                        4,577,595 4,424,838
taxation

Taxation on profit on ordinary                              1,485,000 1,447,000
activities
                                                           __________ __________

Profit on ordinary activities after                         3,092,595 2,977,838
taxation

Dividends                                                   1,986,942 1,500,000
                                                           __________ __________

Profit for the financial year                               1,105,653 1,477,838
                                                           ========== ==========

Earnings per share                                              24.69     24.24
                                                                pence     pence
                                                           ========== ==========


In 1999 and 2000 the group had no recognised gains or losses other than the
result for the financial year.

Group balance sheet

At 31st December 2000
                                                           2000        1999
                                                             £           £
Fixed assets

Goodwill                                                  1,805,000           -

Tangible assets                                           2,479,961   2,473,229
                                                         __________  __________

                                                          4,284,961   2,473,229
                                                         __________  __________

Deferred taxation                                            49,000      35,000
                                                         __________  __________
Current assets

Work in progress                                          3,252,713   3,924,925

Debtors                                                  17,680,250  12,069,042

Cash at bank and in hand                                 10,575,279   7,910,915
                                                         __________  __________

                                                         31,508,242  23,904,882

Creditors, amounts falling due within one year         (23,091,543) (17,377,726)
                                                         __________  __________

Net current assets                                        8,416,699   6,527,156
                                                         __________  __________

Total assets less current liabilities                    12,750,660   9,035,385

Creditors, amounts falling due after more than          (1,509,622)           -
one year
                                                         __________  __________

                                                         11,241,038   9,035,385
                                                         ==========  ==========
Capital and reserves

Called up equity share capital                            1,281,898   1,228,500

Revaluation reserve                                          39,966      41,298

Share premium                                             1,046,602           -

Profit and Loss account                                   8,872,572   7,765,587
                                                         __________  __________

Equity shareholders funds                                11,241,038   9,035,385
                                                         ==========  ==========

These financial statements were approved by the board on 8th March 2001

P.E. STANBOROUGH                               )
                                               ) Directors
R.J. RACE                                      )



Company balance sheet

At 31st December 2000
                                                         2000         1999
                                                          £             £
Fixed Assets

Tangible assets                                           129,440       168,242

Investments                                             2,675,197        66,697
                                                       __________    __________

                                                        2,804,637       234,939
                                                       __________    __________

Deferred taxation                                          43,000        43,000
                                                       __________    __________

Current assets

Work in progress                                        2,364,234     2,874,722

Debtors                                                14,867,025    12,485,181

Cash at bank and in hand                                9,253,900     7,004,449
                                                       __________    __________

                                                       26,485,159    22,364,352

Creditors, amounts falling due within one year       (17,886,485)  (14,872,821)
                                                       __________    __________

Net current assets                                      8,598,674     7,491,531
                                                       __________    __________

Total assets less current liabilities                  11,446,311     7,769,470

Creditors, amounts falling due within one year         (1,478,500)            -
                                                       __________    __________

                                                        9,967,811     7,769,470
                                                       ==========    ==========
Capital and reserves

Called up equity share capital                          1,281,898     1,228,500

Share premium                                           1,046,602             -

Profit and loss account                                 7,639,311     6,540,970
                                                       __________    __________
Equity shareholders funds                               9,967,811     7,769,470
                                                       ==========    ==========

These financial statements were approved by the board on 8th March 2001

P.E. STANBOROUGH                               )
                                               ) Directors
R.J. RACE                                      )



Group cash flow statement

For the year ended 31st December 2000
                                                    2000            1999
                                                  £       £       £       £

Net cash inflow from operating activities              5,397,768         544,739

Returns on investments and servicing of
finance

Interest received                              327,081         374,640
Interest paid                                  (49,987)         (6,755)
                                               __________         __________

Net cash inflow from returns on investments              277,094         367,885
and servicing of finance

Taxation

UK corporation tax paid                               (1,370,003)    (1,241,934)

Capital expenditure and financial investment

Purchase of tangible fixed assets            (235,702)        (269,414)
Sale of tangible fixed assets                  58,038           36,840
                                               __________         __________

Net cash outflow from capital expenditure and           (177,664)      (232,574)
financial investment

Acquisitions and disposals

Net cash acquired with subsidiary             504,562               -
                                              __________         __________

                                                         504,562               -

Equity dividends paid                                 (1,580,871)    (2,593,750)
                                                      __________      __________

Cash inflow before use of liquid resources             3,050,886     (3,155,634)

Management of liquid resources


Cash placed on short term deposits         (9,800,000)         (7,000,000)
Cash received from short term deposits      7,000,000           9,000,000
                                           __________         __________

Net cash outflow from management of liquid            (2,800,000)     2,000,000
resources
                                                       __________    __________

Increase in cash in the year before financing            250,886     (1,155,634)

Financing
Finance lease payments                                   (38,355)             -
                                                       __________    __________

Increase in cash in the year                           212,531       (1,155,634)
                                                       ==========   ===========


Notes :-


 1. The earnings per share represents the profit for the year on ordinary
    activities after taxation divided by the number of ordinary shares in
    issue. The numbers of ordinary shares, being a weighted average, for the
    purpose of this calculation, is 12,527,851 (1999: 12,285,000).

 2. The figures for the year ended 31 December 2000 have been extracted from
    the full audited accounts for the year, which have not yet been delivered
    to the Registrar of Companies. The figures have been prepared and compiled
    in accordance with applicable accounting standards under the historical
    cost convention. The comparative figures for the year ended 31 December
    1999 have been taken from, but do not constitute, the group's statutory
    accounts for the year. Those statutory accounts have been reported on by
    the group's auditors and delivered to the Registrar of Companies. The
    report of the auditors was unqualified and did not contain a statement
    under section 237 (2) or (3) of the Companies Act 1985.

 3. Copies of the annual report and accounts will be posted to shareholders
    shortly. Further copies can be obtained from the Company's registered
    office; Stanhope House, 116-118 Walworth Road, London, SE17 1JY.

 4. The Company's Annual General Meeting will be held in the Bishops Room,
    Simpsons, The Strand, London WC2 on Friday 4 May 2001 at 12:00 noon.

 5. Subject to the approval of shareholders the final dividend of 11.7 pence
    per share will be paid on 8 May 2001. The shares will go ex-dividend on 25
    April 2001. The records will close on 27 April 2001.