Sale of copper tube business

IMI PLC
08 November 2002



8 November 2002





IMI plc today announces that German regulatory clearance has been received with
respect to the sale of its Copper Tube business to KM Europa Metal AG (KME) and
that completion will take place on 29 November 2002.



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Information about IMI plc can be found on the website: www.imiplc.com

For further information contact:

IMI plc
Graham Truscott, Communications Director           Tel: [phone]

Weber Shandwick Square Mile
Peter Corbin                                       Tel: [phone]



Note to editors:

IMI plc is a dynamic international engineering business specialising in
innovative solutions and services for a wide range of industrial and retail
customers.  Its future growth is being built on the two business areas of Fluid
Controls and Retail Dispense.



IMI's operations in these two business areas share the following core
characteristics: strong market positions in growing markets; the ability to be
clearly differentiated from their competitors through technological innovation
or after-sales service; and the provision of 'added value' solutions through
bespoke solutions rather than a high manufacturing or material content.



IMI is quoted on the London Stock Exchange and is capitalised at approximately
£1 billion.






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