Interim Management Statement

Weir Group PLC
07 May 2008

7th May 2008

THE WEIR GROUP PLC

AGM AND INTERIM MANAGEMENT STATEMENT


The Weir Group PLC today issues the following interim management statement in
respect of the 13 weeks ending 31 March 2008.

The Group's financial performance remained strong with growth in input (1) and
revenue (1) in the first quarter reflecting continued buoyant market conditions
across the mining, oil & gas and power sectors.

The ongoing strength of the Group's end markets, combined with the addition of
SPM, has resulted in improved operating margins when compared with the same
period in 2007.


Material Events and Transactions

On 18 March 2008, the Group completed the acquisition of CH Warman Pump Group, a
specialist pump business serving the mining and minerals processing industry
throughout Africa, for a cash consideration of US$231m (£113m).

On 21 April 2008, the Group completed the disposal of Weir Strachan & Henshaw
for £65m which will be classified as a discontinued operation in this year's
results.


Financial position

Net debt at 31 March 2008 was higher than the position at 28 December 2007,
primarily as a result of the acquisition of CH Warman. During April, the Group
received cash proceeds of £65m from the disposal of Weir Strachan & Henshaw
which will be used to continue to develop Weir's activities in specialist higher
margin businesses in the oil & gas, mining and power & industrial sectors.


Outlook

The Group's strong start to the year increases the Board's confidence in
achieving profit before tax from continuing operations, as outlined in our
preliminary results announcement on 11 March 2008, of £140m (after intangibles
amortisation).



Footnote:

1.  Input and revenue growth refers to the like for like comparison of current
year results to the equivalent prior year period for those businesses that have
been part of the Group throughout the current and prior year reporting period,
on a constant currency basis.

Contact details: The Weir Group PLC
Mark Selway, Chief Executive           Tel. [phone] (switchboard);
Helen Walker, Public Relations Manager Tel. [phone] (Mobile: [phone])
Maitland                               Tel. [phone]
Suzanne Bartch
Peter Ogden

Note to Editors: Print quality images are available to download at 
http://www.newscast.



                      This information is provided by RNS
            The company news service from the London Stock Exchange