AGM Statement

Savills PLC
04 May 2005

4 May 2005



                                 AGM STATEMENT



At today's Annual General Meeting of Savills plc, the international property
adviser, Chairman, Peter Smith said:



'Since the announcement of results made at the beginning of March, the Group
has, overall, performed in line with expectations and ahead of the same period
last year.



Our UK and European Commercial property businesses have made a good start to the
year with investment markets remaining especially active.  Prime residential
prices appear to be holding up, although a certain amount of caution has slowed
down the rate of sales. Transactional markets in Asia Pacific remain strong,
specifically in Hong Kong where we have had a very strong first quarter.  Our
Consultancy and Property Management businesses continue to grow and Financial
Services has performed in line with expectation.



As announced on 25 April 2005, Trammell Crow Company (TCC) acquired 1.7m shares
in Savills to increase their holding from 9.9% to 12.6% and also exercised an
option over a further 7%.  This was in accordance with the terms of an agreed
Option Deed (the 'Deed') dated 9 May 2000, entered into at the time of the
Strategic Alliance. This now takes the total balance of TCC's holding in Savills
to 19.6%.  Under the terms of the Deed, TCC were permitted only to exercise
options to acquire shares up to a total of 20%. TCC have no further options over
shares in Savills.  The increased shareholding demonstrates their confidence in
the strength of our business and the opportunities for us in the global property
market and we welcome them as an increased shareholder.'




ENDS

For further information, please contact:

Savills plc

Aubrey Adams   (020 7409 9923)


Citigate Dewe Rogerson (0207 638 9571)

Simon Rigby
Sarah Gestetner
George Cazenove

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.

Savills 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, fund management and a range of
property related financial services.


                      This information is provided by RNS
            The company news service from the London Stock Exchange END

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