Statement: Halma p.l.c. 109th Annual General Meeting

29 Jul 2003

At the AGM of Halma, the leading safety and environmental technology group, to be held later today, Mr Geoff Unwin, who will become Chairman of the Group following the AGM, will make the following comments on trading:

"The Group's performance for the first quarter of the year has been in line with the Board's expectations."

"Our unrivalled presence in, and knowledge of, our chosen markets means we are resilient to difficult conditions. We are well positioned to take advantage of opportunities for organic growth - aided by our continuing strong focus on product innovation and development."

"We are not relying on an upturn in our markets to deliver growth. As indicated in the preliminary announcement on 17 June 2003, some significant new products have been introduced so far this year, the launch costs for which will be reflected in our first half results. We continue to be pleased with BEA's performance."

"Our Balance Sheet remains strong. We can therefore take advantage of future opportunities as they present themselves."

"As previously announced, David Barber retires from the Board today after 31 years of service. It is my privilege to thank David on behalf of the Board, employees and shareholders for his outstanding contribution to the Group throughout his tenure."

For further information, please contact:

Stephen O'Shea, Chief Executive, Tel +44 (0)1494 721111.
Kevin Thompson, Finance Director, Tel +44 (0)1494 721111.
Hogarth Partnership Limited, Rachel Hirst/Andrew Jaques, Tel +44 (0)20 7357 9477.

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Statement: Halma p.l.c. 109th Annual General Meeting
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