Acquisition Completed

THE WEIR GROUP PLC 1 September 1999 The Weir Group PLC Acquisition of the Warman Group completed The Weir Group PLC announces that all outstanding conditions of its proposed AUS $460 million acquisition of the Warman International Group, the speciality pumps business of North Limited of Australia, have now been satisfied. The formal legal process was completed today (Wednesday, 1st September), and Warman becomes part of the Weir Group with immediate effect. For further information please contact: The Weir Group PLC Duncan Whyte, Chief Executive Tel: 0141 637 7111 Ian Boyd, Finance Director Emrys Inker, Public Relations Manager Warburg Dillon Read Paul Nicholls Tel: 0171 567 8000 Stephen Chandler Maitland Consultancy Charlotte Hamilton Tel: 0171 379 5151 Warburg Dillon Read, the investment banking division of UBS AG, which is regulated in the UK by the Financial Services Authority Limited is acting for The Weir Group PLC and no-one else in connection with the Acquisition and will not be responsible to any other person for providing the protections afforded to the customers of Warburg Dillon Read nor for providing advice in relation to the Acquisition.

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