Bowers Wins Order for Centre of Excellence.

Business Editors

BOCA RATON, Fla.--(BUSINESS WIRE)--March 25, 2003

Spear & Jackson (OTCBB:SJCK) announced today that Bowers Metrology announced that they have won an order for an impressive range of their quality measuring instruments at the new Manufacturing Metrology Centre co-located at KITS in Brighouse and Leeds College of Technology in Leeds, West Yorkshire, UK.

The extremely impressive new facility aims to illustrate to industry the many advantages of adopting modern metrology practices on a "no risk" basis. Eligible companies can benefit from fully funded visits and in-depth reports from first-class metrology advisers. This "fresh eyes" approach can often illustrate key areas ripe for improvement through a best practice approach of the purchase of a cost-effective gauge. Indeed extended loan periods of measuring instruments from contributing partners can also be arranged, further aiding the evaluation process.

Steve White, Managing Director of the Bowers Group enthused, "I am delighted to lend material support to this inspired initiative and wish great success to all involved. This is a pilot for a possible nationwide scheme and we are confident that further projects will be approved."

For more information on the Manufacturing Metrology Centre including details of the equipment held the website can be visited at http://www.metrologycentre.com.

The Bowers Metrology Group, a division of Spear & Jackson, has four manufacturing sites in England: Bowers in Bordon, Hampshire, Bowers in Bradford, West Yorkshire, Moore & Wright in Sheffield, South Yorkshire and Coventry Gauge in Poole, Dorset. The main products that are manufactured include internal and external micrometers, bore and air gauges, hardness testers, thread gauges and engineers hand tools.

Spear & Jackson, based in Sheffield, England is one of the largest and oldest tool manufactures in the UK. Spear & Jackson's roots go back to the 1740's as one of the premium tool manufacturers.

Spear & Jackson manufactures and distributes tools, garden tools, metrology equipment, woodworking tools and magnetic equipment. They sell their products under Spear & Jackson, Neill Tools, Bowers, Robert Sorby, Moore and Wright, Eclipse (Blades), WHS, Tyzack, and Eclipse Magnetics Brands. Spear & Jackson has divisions throughout England, France and Australia. Spear & Jackson distributes its products throughout the world.

Disclosure concerning Forward-Looking Statements:

Any forward-looking statements made in this release represent management's best judgment as to what may occur in the future. Various economic and competitive factors could cause actual results to differ materially from those discussed in such forward-looking statements, including some factors which will be outside of the control of the company, such as successful completion and consolidation of the acquisitions, such as consumer spending patterns, availability of consumer and commercial credit, interest rates, currency exchange rates, inflation rates, adverse weather, energy costs, freight costs, the level of residential and commercial constructions and the costs of raw materials, along with other specific factors with respect to the company's businesses set forth in the company's responses and other documents filed with the Securities and Exchange Commission. Interest parties should review the "forward-looking statement" sections in the Spear & Jackson reports filed with Securities & Exchange Commission, including the annual report on form 10K for the fiscal year ended September 30, 2002.