AGM Statement

SIG PLC
30 April 2001


                                PRESS RELEASE


                            ANNUAL GENERAL MEETING

                              TRADING STATEMENT


                            Monday 30th April 2001


At SIG's Annual General Meeting held today, Chief Executive Bill Forrester,
made the following comments about trading:

'The Group has traded well in the first quarter of 2001.

'In the UK, sales and operating profits have been encouraging in all our main
activities and compare favourably with the first quarter of last year.

'In Europe, excellent performances have been achieved in France and the
Netherlands. Results have been satisfactory in Germany where, as predicted,
the trading environment has remained difficult.

'Our US business has continued to build on the recovery made in 2000.

'The Board remains confident that further progress will be made in the current
year.'



(ENDS)



Enquiries:

Bill Forrester, Chief Executive         SIG plc              0114 285 6300

Frank Prust, Finance Director

Rupert Younger                          Finsbury Group       020 7251 3801

Faeth Finnemore