Disposal

Hill & Smith Hldgs PLC
27 June 2005

PROPERTY DISPOSAL

Hill & Smith Holdings PLC ('Hill & Smith' or the 'Group') announces that on the
24 June 2005 it completed the disposal of the land formerly occupied by its
Wombwell Foundry operation in Yorkshire, which was closed in 2003.

The successful disposal of this surplus land has generated, before costs, £3.26m
of cash and an exceptional profit of £1.8m.

Further information:

David Grove
Chief Executive, Hill & Smith Holdings PLC
Tel: [phone]

Edward Carter
Quantum Freshwater UK
Tel: [phone]

End
June 27th, 2005


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