Trading Statement

Wood Group (John) PLC
1 July 2003

                                                                     1 July 2003





                            John Wood Group PLC
                              Trading update


John Wood Group PLC, the international energy services company, issues the
following pre-close period update ahead of the announcement of the Group's
interim results for the six month period ended 30 June 2003.

Wood Group continues to make steady progress towards its objectives for 2003.

Engineering & Production Facilities has continued its successful growth and is
currently working on over 60% of the deepwater projects in the Gulf of Mexico,
as well as other deepwater projects in West Africa and  Asia Pacific.   New
Production Facilities contracts in the period included the 5-year TotalFinalElf
contract in the North Sea, and a 2-year contract for Marathon in Equatorial
Guinea.  In addition, the Wood Group 'build, own and operate' early production
systems for BP's Recetor and Florena Fields in Colombia are now in operation.

Well Support is starting to see some benefit from the increase in the US rig
count, which is currently up by some 25% compared to 2002, although with no
significant increase as yet offshore.  In line with our internationalisation
strategy, Pressure Control extended its activities in Canada with the
acquisition of Barber Industries, an established manufacturer and supplier of
wellhead equipment to the Canadian and international oil and gas industries, and
ESP's activities have been extended in China, Ecuador and Russia.

Gas Turbine Services has continued to grow revenue, both organically and from
acquisitions but the North American power market downturn is now having more of
an impact on margins. These weaker market conditions are also creating
opportunities, and Gas Turbine Services will incur additional costs this year as
it exploits some of these organically.  As a consequence of these factors it is
anticipated the profit growth in Gas Turbine Services will be modest in 2003.
The medium term prospects for the business remain very good.

The Group's business in Venezuela continues to be affected by political and
economic issues following the national strike earlier this year and the
introduction of exchange control regulations.  However, we believe the
fundamentals for the Venezuelan oil industry remain strong in the medium term.

In line with our strategy of broadening the international scope of our business,
we are allocating additional resources to assess developing markets in Mexico,
Russia, North and West Africa, and Asia Pacific.

Sir Ian Wood, Chairman and Chief Executive, said, 'Against the background of
uncertain world political and economic conditions, we have achieved a number of
our objectives to date in 2003.  Engineering & Production Facilities continues
to trade strongly, Well Support is enjoying the benefit of a higher rig count in
North America and, excluding Venezuela, stronger operations outside North
America, and Gas Turbine Services is performing satisfactorily given the less
than ideal market conditions.  We believe we are well positioned to continue our
growth in 2003 and look forward to the future with confidence.'


Enquiries:


Chris Watson                        Company Secretary              01224 851440

Patrick Handley/                    Brunswick                      020 7404 5959
Katya Reynier










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