Trading Statement

Savills PLC
04 July 2007

                                  SAVILLS PLC
                                  ('Savills')

                                 Trading Update

Savills, the international property services company, provides the following
trading update prior to entering the close period before the half year results
for the year ended 31 December 2007, which are scheduled for release on 11
September 2007.

Overview of Main Business Streams:

Transactional

Demand for prime commercial property across Europe remained strong in the first
half of 2007, although investors are becoming increasingly selective, focusing
on strong opportunities for upward rental growth.  Yields for secondary stock
are rising, reflecting the recent increases in interest rates.  Tenant demand
for commercial property continued to improve, particularly for office space in
Europe's major cities.  In both the office and retail markets there also
appeared to be increasing tenant bias towards prime properties and locations.

Although successive interest rate rises are starting to lead to a cooling of the
UK mainstream residential market, prime markets continued to be buoyant, with
our rates of sales and properties under offer ahead of last year.  New homes
markets in certain provincial cities are starting to show signs of over supply,
but markets in London and the South-East remain strong.  Super prime markets
have continued to rise strongly, due in part to interest from international
purchasers.

In Asia, the sales and investment markets have been active over the first half
of the year with interest from overseas investment funds, local investors and
developers.  Opportunities in the retail market have been scarce and values,
especially in core locations, continued to rise.  In the residential market,
luxury apartments and townhouses have been appreciating strongly while more
lacklustre growth has been experienced in the mainstream market.

Consultancy

Our Consultancy business across the Group has performed well.  The expectation
of upward rental growth in many city office markets led to a pick-up in
development activity across Europe.  Our Valuation Consultancy team has enjoyed
a strong first half and continues to expand.

The Government's housing supply policies have continued to provide challenges
for our clients in the UK, resulting in a flow of consultancy work.  Development
has become increasingly complex on large brownfield sites, often in less
established residential markets and with a requirement for significant developer
contributions to both infrastructure and affordable housing.

In Asia Pacific, an active sales and investment market continued to stimulate
demand for valuation and consultancy work.  Initial Public Offerings on the Hong
Kong stock market and demand for due diligence work from regional investment
funds also generated demand for professional services.

Property Management

The UK and European Commercial Property Management business has benefited from
organic growth, acquisitions and key recruitment.  In Asia Pacific, the Property
Management business continued to grow over the first half of the year.

Financial Services

Our private client Financial Services business continued to perform well with
several new offices opening.  Following the recent interest rate increases, the
requirement for advice, specifically at the top end of the market, remained
strong.

Fund Management

Cordea Savills performed well in the first half, successfully investing equity
raised for funds launched at the end of 2006, as well as launching the German
Retail Fund and preparing to launch Italian Opportunities No.2 and a UK Ventures
Fund.  The process to find a strategic partner for the business is progressing.

Outlook

The Group has made a good start to the year.  Possible further increases in
interest rates in the UK will continue to affect commercial property values and
the resultant uncertainty could, in the short term, affect the volume of
commercial transactions but should have little effect on prime residential
markets.  European and Asian markets are less likely to be influenced by the
increasing cost of money.

Subject to unforeseen circumstances, we continue to be confident of a good
result for 2007.



ENDS



For further information, please contact:

Savills
Aubrey Adams                                              020 7409 9923

Citigate Dewe Rogerson
Sarah Gestetner/George Cazenove/Lindsay Noton             020 7638 9571


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