Smiths Group Regulatory News (SMIN)

News Release

London, 27 May 2018

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Sunday 27 May 2018

Smiths Group plc ("Smiths")

Statement regarding Smiths Medical

Smiths notes the press speculation regarding discussions involving its Smiths Medical business and confirms that it is in very early stage discussions about a potential combination of its medical division with ICU Medical, Inc. (NASDAQ: ICUI).

The Board of Smiths routinely reviews all options for the Group's portfolio of businesses to maximise value for Smiths shareholders.

There can be no certainty that a transaction will be concluded.

END

About Smiths Group

Smiths Group 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 advanced technologies, Smiths Group delivers products and services for the medical technology, security & defence, general industrial, oil & gas, and space & aerospace markets worldwide. Smiths Group employs c.22,000 colleagues in over 50 countries. For more information visit www.smiths.com.

About Smiths Medical

Smiths Medical is a leading supplier of specialised medical devices and equipment for global markets, focusing on the medication delivery, vital care and safety devices market segments. For more information visit www.smiths-medical.com.