Acquisition

THE WEIR GOUP PLC


                                                                    22 JUNE 2011

Weir strengthens global valves business with acquisition in Korea

The Weir Group PLC has agreed to acquire a majority interest in the South Korean
valves business formerly operated by HIM Tech Co Ltd ("HIM Tech").

Located  in Ansan, near Seoul, the business designs and manufactures control and
choke  valves for severe service power generation and oil & gas applications. As
well  as domestic  customers, its  products are  supplied to  major South Korean
engineering  contractors for international projects.  In the year to 31 December
2010, HIM Tech's valves business recorded sales of US$10.5m.

Weir has agreed to acquire 60% of a new Korean company, Weir International, into
which the HIM Tech valves business has been transferred.

Keith  Cochrane, chief executive of Weir,  commented: "This acquisition in South
Korea,  one  of  the  "Next  11" high  growth  economies,  increases  our global
capability,  allowing us to add local content in Korea and provides strong links
to  a  number  of  important  Korean  contractors  who  supply both the home and
international markets.  The team at HIM Tech, led by Heang Hoon Cho, are already
well   known  to  us  as  trading  partners.  In  recent  months  we  have  been
collaborating  on  a  number  of  initiatives  which we expect will generate new
orders for our global valves business."

Heang  Hoon Cho, who will continue as president of the Ansan operation under the
Weir  banner, added: "I have  worked with Weir for  17 years, first as agent and
then  licensee, and I am delighted that we  are becoming an integral part of the
Weir  Group. The acquisition opens many new  avenues to expand the business both
in Korea and with Korean customers worldwide."

The transaction is expected to be completed during the course of July.

NOTES:
  * The  book  value  of  gross  assets  of  the HIM Tech valves business at 31
    December 2010 was US$1.8m.
  * Financial  data relating to HIM Tech have  been converted from Korean Won at
    US$ 1 = KRW 1100.


Contact details:
The Weir Group PLC
Vicky Ferrier, Group Head of Communications & Investor Relations
Tel:         0141 308 3782
Mobile:   0778 710 5515

Maitland
Suzanne Bartch
Lydia Tay
Tel:[phone]

ENDS






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Source: The Weir Group PLC via Thomson Reuters ONE

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