AGM Statement

Weir Group PLC
14 May 2002

                               The Weir Group PLC

                          108TH Annual General Meeting

                            Tuesday, 14th May, 2002


            The following is the text of the statement delivered by

             the Chairman, Sir Ronald Garrick, at this year's AGM.

I am pleased to report that the Group's performance to date in 2002 has been
satisfactory. We are also making good progress in implementing the strategic
agenda outlined in our 2001 Annual Report.

The outlook for many of our markets remains uncertain. However, in the first
quarter of 2002, enquiry levels held up well and order input for Group
subsidiaries was 6% higher than in the previous year. The Water, Oil and Power
Generation markets have produced good levels of input but there has been lower
activity in the Minerals Processing sector.

It has become a feature of Group performance in recent times to report stronger
operating results in the second half of the year compared with the first half
and this is likely to be repeated in 2002.



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