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IMI PLC (IMI)

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Monday 26 September, 2005

IMI PLC

Statement of Objections

IMI PLC
26 September 2005


                                                               26 September 2005

                                     IMI plc

   EUROPEAN COMMISSION ISSUES STATEMENT OF OBJECTIONS IN THE COPPER PLUMBING
                                FITTINGS ENQUIRY

IMI plc reported in its Interim Results announcement published on 5 September
that it expected to receive in 2005 a Statement of Objections from the European
Commission with respect to its former copper plumbing fittings business. IMI
announces that it has today received the Statement of Objections. A decision
from the Commission as to the level of any possible fine in the fittings enquiry
is not expected until 2006. The appeal in respect of the fine imposed in 2004 in
the copper plumbing tube enquiry is expected to be decided during 2006. IMI sold
its copper plumbing tube and fittings businesses in 2002 but IMI retains
responsibility for these two competition law investigations launched in 2001.

                                    - Ends -

IMI plc
Graham Truscott, Communications Director                      Tel: 0121 717 3712

Weber Shandwick Square Mile
Nick Oborne                                                   Tel: 020 7067 0700

Information about IMI plc can be found on the website: www.imiplc.com

Note to editors:

IMI plc is an international engineering business specialising in innovative
solutions and services for a wide range of industrial and retail customers. Its
future growth is being built on the two business areas of Fluid Controls and
Retail Dispense.

IMI's operations in these two business areas share the following core
characteristics: strong market positions in growing markets; the ability to be
clearly differentiated from their competitors through technological innovation
or after-sales service; and the provision of 'added value' through bespoke
solutions rather than a high manufacturing or material content.

IMI is quoted on the London Stock Exchange and is capitalised at approximately
£1.5bn




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