Capital Markets Presentation

21 June 2011 The Weir Group PLC Capital Markets Presentation Weir is today hosting a seminar for analysts and investors to provide an overview of the operations, markets and medium term outlook for its upstream oil and gas equipment businesses.  Steve Noon, Oil & Gas Divisional Managing Director, will provide an overview of the division and the upstream oil and gas markets, specifically the pressure pumping equipment market.  The Weir SPM management team will provide an overview of operations, noting the business' market leadership position in one of the fastest growing upstream oil and gas sectors, with growth in the installed base and increased operating intensities driving further aftermarket opportunities and an accelerated original equipment replacement cycle. Richard Spears, of leading oil and gas research consultancy Spears and Associates Inc, will present his view on the outlook for the pressure pumping market through 2015. Keith Cochrane, Chief Executive, will conclude by highlighting the positive fundamentals underpinning the medium term outlook for Weir's upstream operations, noting strong current market conditions supported by further increases in the US horizontal rig count in April and May.  He will also announce that plans are now being developed to further expand capacity to support the ongoing growth of the business. A webcast of the presentation will be available on the Group's website ( http://www.weir.co.uk) from 7pm. Contact details: The Weir Group PLC Vicky Ferrier, Group Head of Communications & Investor Relations Tel:         0141 308 3782 Mobile:   0778 710 5515 This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: The Weir Group PLC via Thomson Reuters ONE [HUG#1524743]

Companies

Weir Group (WEIR)
UK 100

Latest directors dealings