Investor Site Visit

IMI PLC
23 April 2002

                                    IMI plc

                            Site visit for investors


IMI plc, the major international engineering solutions group, is hosting a visit
for investors today to its Norgren subsidiary at Shipston in Warwickshire.

The visit will provide investors with an opportunity to appreciate IMI's
progress in the delivery of its new strategic direction in the context of
Norgren, its world leading pneumatics business.

IMI is concentrating on well-defined, highly defendable global markets where its
businesses already hold leading positions and where significant growth potential
exists. Also central to this transformation is the repositioning of IMI's five
key businesses, including Norgren, higher up the value chain.

Presentations highlighting this progress will be made by Martin Lamb, Chief
Executive of IMI plc, Pete Wallace, President of Norgren, and other senior
managers.

As is usual practice, no information on current trading will be presented.

Copies of the presentation slides will be available on the IMI website
www.imiplc.com from 12 noon today.

                                     -ends-

For further information contact:

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

Weber Shandwick Square Mile
Ben Padovan                                  Tel: [phone]


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