Disposal

Smiths Group PLC
04 May 2007


Smiths Group completes sale of aerospace businesses

SMITHS Group plc today announces the completion of the $4.8 billion sale of its
aerospace businesses to General Electric Company in line with the terms set out
in the Circular to Shareholders dated 30 January.  Completion follows regulatory
approval from all relevant authorities including the European Union and the US.

Commenting on the sale, Smiths Group chief executive Keith Butler-Wheelhouse
said: 'We are delighted to have completed this transaction which delivers on the
Board's objective to create superior shareholder value.  Looking forward, Smiths
is focused on the high growth detection, medical devices, energy and
communications markets.  We are now well positioned to capitalise on
opportunities to deliver enhanced returns and strong cash conversion.'

As announced on 15 January, Smiths proposes to return £2.1bn to shareholders by
means of a B share scheme accompanied by a share consolidation, the details of
which will be set out in a Circular to be sent to shareholders in the near
future.


Contacts:

Investor Relations        Media
Russell Plumley           Chris Fox
[phone]       [phone]


Smiths Group

Smiths is a global technology company, listed on the London Stock Exchange.
Smiths Group is a world leader in the practical application of advanced
technologies. Its products and services make the world safer, healthier and more
productive. Smiths Group has three divisions focused on the high growth
detection, medical devices, energy and communications markets. It employs more
than 20,000 people in over 50 countries. For more information visit
www.smiths.com


                      This information is provided by RNS
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