AGM Statement

Spirax-Sarco Engineering PLC
12 May 2005




Spirax-Sarco Engineering plc                      Charlton House
                                                  Cheltenham
                                                  Glos. GL53 8ER

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                                                  www.SpiraxSarcoEngineering.com







                                                                   12th May 2005
                           SPIRAX-SARCO ENGINEERING PLC
                                    AGM STATEMENT



The Chairman, Tim Fortune, at today's AGM of Spirax-Sarco Engineering plc, said:



'You have all been sent a copy of the annual report and accounts which includes
a detailed statement on the performance for the year ended 31st December 2004.
It also outlines the reasons for our good performance, the intrinsic strengths
of the business and why we are confident about the long term future of the
Group.



As far as 2005 is concerned, I have nothing to add to the 'Prospects' paragraph
included in my statement which was written relatively recently in March.  You
may remember that I concluded by saying: 'the 2005 world economic outlook
appears positive, although there are few signs of any significant improvements
in Continental Europe or the UK.  The Asian economies remain strong; the
Americas have also started well in 2005 but there must be doubts about
sustainability.  Given the underlying strengths of the Group's business and its
global coverage, and assuming no economic shocks or major adverse exchange
movements, we expect further growth in 2005.'





                                     -Ends-





Enquiries:



David Meredith, Director- Finance
Spirax-Sarco Engineering plc
Tel: [phone]



Toby Mountford / Seb Hoyle
Citigate Dewe Rogerson
Tel: [phone]




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