Assoc British Enging: Stmnt re Share Price Movement | Company Announcements

Thursday 11 March, 2004

Assoc British Enging

Stmnt re Share Price Movement

Associated British Engineering PLC
11 March 2004

FOR IMMEDIATE RELEASE





                   ANNOUNCEMENT TO THE LONDON STOCK EXCHANGE



               Associated British Engineering PLC ('the Company')



                           Movement in Share Price







The Board of Associated British Engineering PLC has noted the movement in the
Company's share price and knows of no reason for the rise. The Company continues
to be in discussions regarding the pension situation and is attempting to
resolve difficult issues.





For further information:



Colin Weinberg, Director                      (020) 7253 7502



Robert Lo, Nabarro Wells & Co. Limited        020 7710 7400


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