Trading Statement

SIG PLC
15 January 2001

                                TRADING UPDATE
                                       
                               15th January 2001


SIG plc today issues its pre-closed period trading update for the year ended
31st  December 2000.  SIG will issue its preliminary results on 9th March
2001.

Against a background of market conditions which continue to be challenging,
the Group has traded well in the year to 31st December 2000.  A sound second
half performance has complemented a strong first half and results for the year
are anticipated to be in line with market expectations.  Good profit growth in
UK distribution businesses and further improvement in Germany have been the
main contributors to the overall performance.

Sales and operating profits have increased in all SIG's principal businesses,
and the Group has consolidated and improved its position in its main markets.
Several small bolt-on acquisitions have been made during the period and these
will further strengthen SIG's operations.  Trading cash flow has, once again,
been strong and interest cover remains very healthy.


Enquiries:

Bill Forrester, Chief Executive      SIG plc      0114 285 6306
                                                  
Rupert Younger/ Faeth Finnemore      Finsbury     020 7251 3801