AGM Statement

Spirax-Sarco Engineering PLC 12 May 2005 Spirax-Sarco Engineering plc Charlton House Cheltenham Glos. GL53 8ER News Release Telephone: 01242 521361 Fax: 01242 581470 12th May 2005 SPIRAX-SARCO ENGINEERING PLC AGM STATEMENT The Chairman, Tim Fortune, at today's AGM of Spirax-Sarco Engineering plc, said: 'You have all been sent a copy of the annual report and accounts which includes a detailed statement on the performance for the year ended 31st December 2004. It also outlines the reasons for our good performance, the intrinsic strengths of the business and why we are confident about the long term future of the Group. As far as 2005 is concerned, I have nothing to add to the 'Prospects' paragraph included in my statement which was written relatively recently in March. You may remember that I concluded by saying: 'the 2005 world economic outlook appears positive, although there are few signs of any significant improvements in Continental Europe or the UK. The Asian economies remain strong; the Americas have also started well in 2005 but there must be doubts about sustainability. Given the underlying strengths of the Group's business and its global coverage, and assuming no economic shocks or major adverse exchange movements, we expect further growth in 2005.' -Ends- Enquiries: David Meredith, Director- Finance Spirax-Sarco Engineering plc Tel: 01242 521 361 Toby Mountford / Seb Hoyle Citigate Dewe Rogerson Tel: 020 7638 9571 This information is provided by RNS The company news service from the London Stock Exchange
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