Trading Statement-Replacement

SIG PLC
14 July 2000


The issuer has made the following amendment to the 'Trading Update' 
announcement released today at 7.00 under RNS No 8624N.

Paragraph 4, amended to read  'We have also strengthened our market position
through five small acquisitions.'                                       


All other details remain unchanged.

The full corrected version is shown below.



                                TRADING UPDATE

In our AGM statement on 2nd May 2000 we indicated that the first quarter of
the year had started well.  We are pleased to report that trading has
continued to show an improvement over the previous year, and sales and profits
have both grown.

In the UK sales and profit have increased with improvements across all our
main product areas of insulation, roofing, ceilings and partitioning.

In Europe, all our companies have made progress with the German  businesses
benefiting from some improvement in the market for insulation and dry-lining.

We have also strengthened our market position through five small acquisitions.

Our balance sheet, cash-flow and interest cover remain strong with gearing at
a similar level to the year end.

Trading in the first six months gives further support to the Board's
confidence that the full year's performance will be in line with market
expectations.

SIG will be reporting its interim results on 31st August 2000.



Notes to Editors:

SIG plc is Europe's leading distributor of insulation and related products.
In the year to 31 December 1999, SIG reported pre-tax profits of £42.3m on
sales of £841.3m.


Enquiries:

Bill Forrester, Chief Executive    SIG plc        0114 285 6300
Frank Prust, Finance Director

Rupert Younger                     Finsbury       020 7251 3801
Faeth Finnemore