AGM Statement

Severfield-Rowen PLC
15 June 2006

15 June 2006

                              SEVERFIELD-ROWEN PLC

                                 AGM Statement

At the Group's AGM today, Peter Levine, Chairman, will make the following
statement:

'Trading in the first five months of the year has been ahead of expectations at
the time of the preliminary results in April.

'All operating companies are performing ahead of their budgets as a result of a
good mix of contracts going through the production facilities, increased usage
of capacity and enhanced buying power through our joint venture Steel UK.

'Our order book has grown to a record £230 million and the industry continues to
experience robust enquiry levels.

'The Group is confident of further success this year and beyond.

'Finally, I would like to thank our employees for their outstanding contribution
to the success of the Group and our shareholders for their continued support.'

                                    - Ends -



For further information please contact:

Severfield-Rowen                       Peter Levine             0113 246 9993

Financial Dynamics                     Richard Mountain         020 7269 7291
                                       Susanne Walker








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