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IMI PLC (IMI)

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Monday 02 September, 2002

IMI PLC

Confirmation of Disposal

IMI PLC
02 September 2002


2 September 2002

                                    IMI plc

                   Sale of Copper Fittings business completed


IMI plc, the major international engineering solutions group, today announces
the completion of the sale of Copper Fittings to Aalberts Industries NV in
accordance with the terms of agreement announced on 22nd July 2002. A cash
consideration of £60m was received and a further £5m will be paid twelve months
from completion.

                                     -ends-



For further information contact:

 IMI plc
 Graham Truscott, Communications Director               0121 332 2330

 Weber Shandwick Square Mile
 Ben Padovan / Peter Corbin                             020 7950 2800




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