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Results for 26 weeks ended 26 June 2009

1: 2008 restated at 2009 average exchange rates
2: Adjusted to exclude intangibles amortisation

HIGHLIGHTS

• Revenue up 12% to £710m (2008: £632m)
• Operating profit² up 17% to £99.2m (2008: £84.7m)
• Earnings per share² up 13% to 31.2p (2008: 27.5p)
• Dividend increase of 3% to 4.80p (2008: 4.65p)
• Cash generated from operations £123.9m, up £59.6m (2008: £64.3m)
• Full year guidance raised

The Chairman of the Weir Group, Lord Smith of Kelvin, commented: "Despite the economic uncertainties in the first half of 2009, the Group increased revenue, profit and earnings per share compared to the prior year period and achieved a significant reduction in net debt through excellent cash generation.

The Group's sector leading performance in the period clearly demonstrates the resilience of our operating model and is testament to the effectiveness of the Group's strategy to focus resources at higher growth, long cycle sectors where significant non-discretionary aftermarket sales underpin performance.

The Group's continued strong performance, despite weaker markets, supports the Board's confidence in achieving the upper end of previously given management guidance³ for the full year for profit before tax, intangibles amortisation and exceptional items."

3: The range of management guidance as at 13 May 2009 for profit before tax and intangibles amortisation was £140 - £169m. Reuters Knowledge Consensus at 31 July 2009 for profit before tax for continuing operations was £153m.

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