Trading Statement

Savills PLC
28 January 2004


                                                                 28 January 2004

                                  SAVILLS PLC
                                  ('Savills')

                 Savills gives further guidance on 2003 results

Savills, the international property consultant, announces a further update to
the trading statement given on 28 November 2003.

Trading in December was exceptionally strong, particularly on the transactional
side, both in the Commercial and Residential businesses.

Savills now expects pre-tax profits for the year ended 31 December 2003 to be
about £35m; basic earnings per share will exceed 37p and normalised earnings per
share (see note below) will exceed 38p. These estimates are materially in excess
of current market expectations.

Full audited figures will be released on 2 March 2004.

                                      Ends

Note
Normalised earnings exclude profit on trading property sales but add back
amortisation of goodwill (including any impairment charges).

For further information, contact:

Savills                         020 7409 9923
Aubrey Adams

Grandfield                      020 7417 4170
Marc Popiolek
Geoff Callow





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