Smiths Group Regulatory News (SMIN)

News Release

London, 20 October 2017

For immediate release

€2.5bn Euro Medium Term Note Programme

Smiths Group plc (the "Company") announces today that it has updated its €2.5 billion Euro Medium Term Note Programme (the "EMTN programme") with its 10 relationship banks as dealers.

The EMTN programme will continue to facilitate the issuance by the Company of senior notes over time in various currencies and maturities. Notes issued under the EMTN programme will be guaranteed by Smiths Group International Holdings Limited.

Bill Seeger, Chief Financial Officer, said:

"This programme continues to be an essential foundation for our financing strategy having been the vehicle for the €650m 2% 10 year notes issued in February 2017. We aim to finance our balance sheet from the rated public debt markets and the programme provides us with considerable flexibility in both the refinancing of existing debt maturities and to support the strategic development of our business portfolio."

A base prospectus dated 20 October 2017 relating to the update of the EMTN programme (the "Prospectus") has been approved by the UK Listing Authority and is available for viewing.

To view the Prospectus, please paste the following URL into the address bar of your browser: http://www.rns-pdf.londonstockexchange.com/rns/2311U_1-2017-10-20.pdf

The Prospectus has been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.Hemscott.com/nsm.do. 

ENDS

Contact details

Investor enquiries

Jemma Spalton, Smiths Group

+44 (0)20 7004 1637

+44 (0)78 6739 0350

jemma.spalton@smiths.com

Marion Le Bot, Smiths Group

+44 (0)20 7004 1672

+44 (0)75 8315 4386

marion.lebot@smiths.com

Media enquiries

Andrew Lorenz, FTI Consulting

+44 (0)203 727 1323

+44 (0)777 564 1807

smiths@fticonsulting.com

Deborah Scott, FTI Consulting

+44 (0)203 727 1459

+44 (0)797 953 7449

smiths@fticonsulting.com

Smiths is a global technology company listed on the London Stock Exchange (SMIN) and operates a sponsored level one ADR programme (SMGZY). A world leader in the practical application of technologies, Smiths Group delivers products and services for the threat & contraband detection, medical devices, energy and communications markets worldwide. Our products and services make the world safer, healthier and more productive. Smiths Group employs 22,000 people in over 50 countries. For more information visit www.smiths.com

Disclaimer - intended addressees

Please note that the information contained in the Prospectus may be addressed to and/or targeted at persons who are residents of particular countries (specified in the Prospectus) only and is not intended for use and should not be relied upon by any person outside these countries and/or to whom the offer contained in the Prospectus is not addressed. Prior to relying on the information contained in the Prospectus, you must ascertain from the Prospectus whether or not you are one of the intended addressees of the information contained therein.

In particular, the Prospectus does not constitute an offer of securities for sale in the United States. Neither the Prospectus nor this announcement is intended for distribution in the United States. The securities described herein have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or under any relevant securities laws of any state of the United States of America and are subject to U.S. tax law requirements. Subject to certain exceptions, the securities may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons or to persons within the United States of America, as such terms are defined in Regulation S under the Securities Act. There will be no public offering of the securities in the United States.

Your right to access this service is conditional upon complying with the above requirement.