Acquisition

Smiths Group PLC 11 May 2001 Smiths completes acquisition of Barringer Technologies Smiths Group plc has completed its acquisition of Barringer Technologies Inc. (NASDAQ: BARR), the leading US manufacturer of trace drug and explosive detection equipment. At a special meeting today, Barringer shareholders approved the transaction on the terms set out in the original announcement of 9 March, 2001. The net cost to Smiths is $49 million. The acquisition of Barringer significantly extends Smiths' specialist Detection and Protection Systems business, which has world leading products in chemical and biological agent detection, and operates within Smiths Aerospace division. Smiths Group is a global business with market-leading positions in each of its four operating businesses: advanced aerospace systems; mechanical and polymer seals; medical devices and critical care equipment; and specialised industrial products for interconnect & air movement applications. Further information on Smiths can be found on the company's website: www.smiths-group.com. -ends- For further information: Richard Bayliss, tel: 020 8457 8203
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