Disposal

IMI PLC
04 November 2003



                                    DISPOSAL

IMI plc has disposed of Brighouse-based IMI Air Conditioning Limited, a
specialist air conditioning unit business with net assets of around £2.5
million.

                                    - Ends -


For further information contact:

IMI plc
Graham Truscott, Communications Director               Tel: [phone]

Weber Shandwick Square Mile
Nick Oborne / Peter Corbin                             Tel: [phone]

Information about IMI plc can be found on the website: www.imiplc.com




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