Capital Markets Presentation and Current Trading

The Weir Group PLC

17 June 2014

CAPITAL MARKETS DAY PRESENTATION AND CURRENT TRADING

The Weir Group ("Weir" or "the Group") will today hold a Capital Markets presentation for shareholders and analysts in London which will focus on the Oil & Gas division. The presentation will provide an overview of how the division has extended its leadership in unconventional surface equipment markets and highlight a growing range of attractive future expansion opportunities.

Weir will also confirm overall trading in April and May was in-line with expectations and consistent with its Interim Management Statement published on 1 May 2014 (for the quarter ended 4 April 2014). The Oil & Gas division continued to benefit from strengthening pressure pumping market trends while mining end markets remained challenging, including the effect of the on-going platinum mine strikes in South Africa.  Foreign currency headwinds have strengthened over the course of the first half of 2014, contributing to full year reported revenue and profit being weighted more towards the second half.  The Group's full year constant currency revenue and margin guidance remains unchanged. 

A webcast of the presentation will be available on the Group's website (weir.co.uk) from 8pm (BST) on 17 June 2014.

The Group will publish its interim results, for the period to 4 July 2014, on 31 July 2014.                    

Contact details: The Weir Group PLC
Raymond Buchanan, Group Communications	Tel: + 44 141 308 3781/ [phone]
Ross Easton, Communications Manager	Tel: + 44 141 308 3779/ + 44 7920 190994
Brunswick Group: Patrick Handley / Nina Coad	Tel: + 44 207 7404 5959

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Source: The Weir Group PLC via Globenewswire

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