Trading Statement

Savills PLC 08 January 2008 SAVILLS PLC ('Savills' or 'the Company') Trading Update Savills, the international property services company, is pleased to announce a trading update for the year ended 31 December 2007 prior to entering the close period before the announcement of the full year results, which are scheduled for release on 12 March 2008. Overview 2007 has been a record year for Savills with the business benefiting from its diversified activities and international presence. Trading conditions in many commercial investment markets, particularly in the UK and US, have clearly been challenging in the last few months. Our Residential business, however, remained resilient. Other areas of our business, most notably consultancy, property and facilities management, financial services and fund management, together with our transactional businesses in Europe and Asia, have performed well. Overall, we expect our 2007 full year results to be slightly ahead of expectations. Main Business Streams Transactional Tenant demand for commercial property in the UK and across Europe has remained steady for most of 2007. In the UK and European investment markets, following a strong first half to 2007, trading volumes in the second half have been restrained by the credit squeeze. The prime UK residential markets have proved more resilient to the credit squeeze than lower priced markets. Whilst the stream of negative news coming from the financial sector affected prices and volumes in the final quarter, prices at the top end remained relatively firm. In Asia, the property markets remain active and demand for residential and commercial property in Hong Kong and Singapore has been strong. Australia has also benefited from increased demand for property assets as the inflow of institutional money continues amid a shortage of stock. In the US, our new Savills Granite business has performed in line with our expectations and integration is going well. Consultancy Our Consultancy businesses across the Group have performed well. Demand for services such as planning and valuations has been at record levels. Planning is a long lead time business and the doubling of our planning staff numbers in the UK has resulted in an increase in new instructions. In Europe we have continued to build successfully our Valuation business. In Asia Pacific, demand for IPO and other forms of institutional listings has resulted in an increased demand for our valuation and consultancy services. Property and facilities management Our Commercial Property Management businesses have benefited from organic growth, acquisitions and key staff recruitment. Our European business was strengthened by the acquisition of a dedicated property management business in Germany. During the year, our Asian Property Management business has sought to focus on higher margin business and continued to grow as we improved the quality of our instructions and our service delivery. Our Asian Facilities Management business, Guardian, had a record year, winning new contracts in Hong Kong and Macao. Financial Services We continued to grow our Mortgage Broking business with recent office openings in Cardiff and Jersey and further openings planned for 2008. The credit squeeze has had an impact on the main residential mortgage broking division but this has been partially offset by increased referrals from our residential agency business and improved performance in property insurance broking and commercial debt broking. Fund Management Cordea Savills performed well in 2007, launching a Pan-European fund plus four market and sector specialist funds. We have also now entered Asia with the establishment of an Indian joint venture and the launch of our first Indian fund. Outlook Over the past years we have invested in broadening and deepening the business and Savills benefits from being a well-diversified group both by business line and geography. The outlook for our UK and US commercial investment, UK residential and UK mortgage broking businesses will inevitably depend on how quickly confidence returns to financial markets. However, our transactional businesses in Asia and Europe currently appear less affected by the credit squeeze. We look forward to continued progress in our consultancy, property and facilities management and fund management businesses. Contacts Savills 020 7409 9923 Aubrey Adams, Group Chief Executive Mark Dearsley, Group Finance Director Citigate Dewe Rogerson 020 7638 9571 Sarah Gestetner George Cazenove This information is provided by RNS The company news service from the London Stock Exchange

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