AGM Statement

Bunzl PLC
16 May 2001



                                                                   16 May 2001

                         Bunzl Annual General Meeting

As part of a presentation to shareholders at today's Annual General Meeting,
Anthony Habgood, Chairman of Bunzl plc, the international Group supplying
business to business consumables, made the following comments on trading
outlook.

'Despite the much publicised slowdown of the US economy, we have had a strong
start to 2001. Our continuing growth can be attributed primarily to three
things. Our major businesses have grown reflecting our orientation towards
outsourcing and enhanced customer service. The recent acquisitions that we
have made have fitted into the Group as expected and are developing well.
Finally our good trading performance has been further enhanced by the
translation effect of the stronger US dollar. As a result of our ability to
grow both organically and through acquisition, we have confidence that the
Group will continue to develop satisfactorily.'



Enquiries:
Bunzl plc:                                         Finsbury:

Anthony Habgood, Chairman                          Roland Rudd

David Williams, Finance Director                   Morgan Bone

Tel: [phone]                                 Tel: [phone]