AGM Statement

Savills PLC 30 April 2001 For immediate release 30 April 2001 AGM STATEMENT At today's Annual General Meeting of Savills plc, the international property adviser, Chairman, Richard Jewson said: 'Since the announcement of results made at the beginning of March, the Group has continued to perform in line with our expectations albeit in more difficult market conditions. 'The recent uncertainty in world stock markets has led to some caution particularly in the UK commercial sector and in Asia Pacific where the level of transactions has slowed. However, the UK residential market remains active and our mainland European commercial business continues to thrive. Our property and facilities management businesses, including the Trammell Crow Savills joint venture, continue to grow in Europe and Asia Pacific. 'We remain optimistic about prospects for the remainder of the year but expect trading conditions to be challenging.' ENDS For further information, please contact: Grandfield Harry Hunt / Charles Cook 020 7417 4170 Notes to editors Savills plc is a leading international property services company with a full listing on the London Stock Exchange. The company has undergone dynamic growth in recent years establishing itself as a powerful player on the international stage with offices and associates throughout the UK, Europe, Asia Pacific and Africa. In addition, Savills' strategic alliance with a top US full service real estate advisory company, Trammell Crow Company, in North America, means that clients have access to a network of offices in the US and Canada. FPDSavills is the trading name for the property service subsidiaries of Savills plc which advise on commercial, rural, residential and leisure properties. Other services include corporate finance advice, property and venture capital funding and a range of property related financial services.

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