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IMI PLC (IMI)

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Wednesday 28 February, 2001

IMI PLC

Completion of Acquisition

IMI PLC
28 February 2001

28 February 2001


                 IMI announces completion of BTG acquisition

IMI plc, the major international engineering group, announces that following
regulatory clearance the acquisition of the BTG severe service valves business
from Fairey Group Plc has been completed today.

                                   - ends -


Issued by:
Weber Shandwick Worldwide                      Tel: 020 7329 0096
Ben Padovan / Peter Corbin