Trading Statement

Savills PLC
09 January 2007

For immediate release
9 January 2007


                                   SAVILLS PLC
                          ('Savills' or 'the Company')

                            Full Year Trading Update


Savills, the international property advisor, is pleased to announce a trading
update for the year ending 31 December 2006 prior to the announcement of
preliminary results on 14 March 2007.



Background

When we released our results for the six months ended 30 June 2006 on 5
September 2006, the Chairman reported that despite rising global interest rates,
the general economic outlook remained positive and should provide general
support for the property market.


Main Business Streams


Transactional

The Investment and Agency businesses have outperformed last year with continued
high demand for property from private and institutional buyers both in the UK
and overseas.


The Commercial Investment business benefited from strong markets in both the UK
and Europe with no signs of a slowdown in these investment markets despite
concerns about rising interest rates and availability of stock.


The biggest change in the leasing and development market this year has been the
recovery in the London and South East office markets.  Following their downturn
in 2001-2003, tenant demand is back to average annual levels and this is driving
a renewed interest in office development in these markets.


The residential markets have shown strength throughout the year, despite higher
interest rates, with price growth approaching 10% during 2006 and substantially
higher turnover than in 2005.  London and the South East have seen the strongest
markets, most notably in prime central London markets where price growth reached
an average of 23.9% over the year.  In December, we announced the acquisition of
Chesterfield which will increase our market presence in the prime Central London
sector.


In Asia, our Investment team continued to hold market share and generate fees
despite a cooling market on the back of rising US interest rates.  In Japan, the
rising economy lead to increased activity for our Tokyo office and a new
residential office was opened.


Consultancy

Savills' Consultancy business made excellent progress in 2006, particularly in
Building Consultancy, Valuation and Hotels on the back of more active markets
and our growing market share.


In Asia, the Valuation team was particularly successful in capturing a large
proportion of the REIT listing valuation and consultancy services.


Property Management

Our Property and Facilities Management business secured new instructions and
their revenue base continued to grow, despite constant competition on fees.
This was further strengthened by the addition of our Korean business, continuing
our commitment to increase our market share.


The Property Management business in the UK continued to win new contracts and
our European businesses in Paris, Madrid and Berlin performed in line with
expectations.


Financial Services

The residential mortgage market remained strong and the business continued to
trade well, despite higher compliance and training costs resulting from the
changing regulatory environment.


Fund Management

Cordea Savills continued to grow funds under management with products including
Serviced Land No.1 and Cordea Savills Student Hall Fund closing in the first
half of the year.  Some abortive costs were incurred in the second half relating
to products that did not launch.  Other new funds were launched in the second
half of 2006, including Italian Opportunities No.1 and Serviced Land No.2 which,
along with a pipeline of other planned products, are expected to have a
favourable impact on the 2007 results.


Trammell Crow Company (TCC)

It was announced on 21 December 2006 that, following the acquisition of TCC by
CBRE, the Strategic Alliance Agreement between TCC and Savills had been
terminated.



Overview

Activity in commercial investment markets has remained high, driven by
continuing strong demand from both domestic and international investors,
together with a reasonable supply of properties coming onto the market.  Prime
residential markets, particularly in London, have performed extremely well
throughout the year, with volumes holding up at levels better than those
anticipated in the early Autumn.  We have seen a strong finish to the year
resulting in the profit for the year ended 31 December 2006 expected to be
nicely ahead of expectation.


We are confident for the prospects of the Group in 2007.



                                      Ends



For further information

 Savills plc
 Aubrey Adams (Group Chief Executive)         [phone]

 Citigate Dewe Rogerson
 Sarah Gestetner                              [phone] 
 George Cazenove






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