Re Analyst Meeting

Bunzl PLC
17 December 2001

                                                              17 December 2001



                        BUNZL STATEMENT RE ANALYST MEETINGS


Bunzl plc, the international Group supplying business to business consumables,
will be speaking to analysts over the next few days prior to its close period
for the year to 31 December 2001.  In its first comments on current trading
since the 11 September attacks on the United States and the subsequent further
economic downturn, the company will be indicating that:

*   the overall Group results for 2001 are expected to be in line with
    market estimates;

*   despite the direct loss of some customers in Manhattan itself, some
    slowdown in travel-related parts of the business and continuing
    supplier-driven deflation in the US, Outsourcing Services is performing     
    well;

*   Filtrona's markets are continuing to develop and its performance
    remains robust;

*   Paper Distribution is being affected by the general weakness in the
    demand for printing papers;

*   Plastics continues to be impacted by difficult trading conditions
    particularly in the United States.



While the economic outlook is uncertain, the Group remains well positioned to
withstand recessionary pressures and continues to produce good results.



The results for the year to 31 December will be published on 25 February 2002.





Enquiries:

Bunzl plc:                                        Finsbury:
Anthony Habgood, Chairman                         Roland Rudd
David Williams, Finance Director                  Morgan Bone
Tel: [phone]                                Tel: [phone]