Completion of Acquisition

16 March 2011

Hill & Smith Holdings PLC

("Hill & Smith" or "the Group")

 COMPLETION OF US$45M ACQUISITION OF THE PATERSON GROUP, INC.

Strategic investment to create a global leader in pipe supports with an established

presence in the highly regulated nuclear power market

Hill & Smith announces that the acquisition of The Paterson Group, Inc. and its related companies, was completed today on the terms set out in the announcement dated 9th March 2011.

Enquiries:

John Humphreys

Company Secretary

Hill & Smith Holdings PLC

Tel: 0121 704 7430