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HANSON FIRST QUARTER PRE-TAX PROFIT UP 4.4 PER CENT AT $357 MILLION ($342 MILLION) -- Earnings per ADR (Fully Diluted): $0.27 -- -- Quarterly Net Dividend 16.15 pence per ADR --

 NEW YORK, Feb. 16 /PRNewswire/ -- Hanson PLC (NYSE: HAN) announced today that in the first quarter of fiscal year 1993, ended December 31, 1992, pre-tax profit was up 4.4 per cent to $357 million ($342 million) on sales of $3.49 billion ($3.17 billion). As forecast, following the return to more normal tax levels, fully diluted earnings per ADR fell 10 per cent to $0.27 ($0.30).
 "As expected," said Lord Hanson, Chairman of Hanson PLC, "the new year has begun with lower operating margins thn? the comparable quarter last year and these results are in line with our internal budget. Under the new accounting standards, there is included in this result a $30 million profit on the sale of Weber Aircraft.
 "We see some signs of a slow improvement in the United States, but it is too early to say this for the United Kingdom, although lower UK interest rates should certainly spark increasing economic activity over time. Meanwhile, our strong balance sheet and the fundamental strengths of our businesses keep us in good shape for future worldwide recovery."
 The quarterly net dividend of 16.15 pence per ADR, to be paid to ADR holders on April 8, 1993, will be paid to holders of record as of March 11, 1993. The ADR's will trade ex-dividend on the New York Stock Exchange from March 5, 1993. Subsequent quarterly net dividends will be not less than 16.15 pence until further notice.
 The company intends, subject to shareholder approval, that a dividend reinvestment program will be established for ADR holders for the July dividend and subsequent dividend payments. For UK shareholders, a share dividend alternative will be made available.
 Hanson PLC is a British-American industrial management corporation. In the U.S., Hanson Industries' operations include Peabody Coal, SCM Chemicals, Cavenham Forest Industries, Grove Crane, Jacuzzi, Tommy Armour Golf, Ames Tools, Farberware Cookware, and Hanson Lighting Group, among others.
 In the United Kingdom, Hanson's holdings include Imperial Tobacco, ARC Aggregates, London Brick, Butterley Brick, Beazer Homes and Smith Meters.
 HANSON PLC
 UNAUDITED
 3 MONTHS TO DECEMBER 31
 1992 1991
 $ MILLION
 Sales 3,488 3,169
 Pre-tax Profit 357 342
 Tax 98 60
 Net Income 259 282
 EARNINGS PER ADR
 Primary $.265 $.295
 Fully Diluted $.265 $.295
 EARNINGS PER ORDINARY SHARE
 Primary 3.5p 3.9p
 Fully Diluted 3.5p 3.9p
 NUMBER OF SHARES
 Primary 4.823 bn 4.808 bn
 Fully Diluted 5.065 bn 5.042 bn
 NOTES
 1. The three months' figures to December 1991 and December 1992 include respectively sales and profits from businesses since sold amounting to $159 million and $17 million, and $17 million and $ nil.
 2. The first quarter's figures to December 1992 include Beazer, acquired December 4, 1991.
 3. Pre-tax profit includes a profit of $30 million (1991 - $ nil) relating to the disposal of Weber Aircraft.
 4. The profit figures above reflect the concepts introduced in


Financial Reporting Standard 3.
 5. The exchange rate used for both December 31, 1992 and December


31, 1991 was the December 31, 1992 rate of 1 pound sterling equals $1.5140. (At December 31, 1991, 1 pound sterling equals $1.8775).
 6. Each ADR represents five ordinary shares.
 7. The quarterly dividend due to ADR holders on April 8, 1993 will


be paid to ADR holders of record as of March 11, 1993.
 HANSON PLC
 UNAUDITED
 3 MONTHS TO DECEMBER 31
 1992 1991
 MILLION POUNDS STERLING
 Sales 2,304 2,093
 Pre-tax Profit 236 226
 Tax 65 40
 Net Income 171 186
 EARNINGS PER ORDINARY SHARE
 Primary 3.5p 3.9p
 Fully Diluted 3.5p 3.9p
 NUMBER OF SHARES
 Primary 4.823 bn 4.808 bn
 Fully Diluted 5.065 bn 5.042 bn
 NOTES
 1. The three months' figures to December 1991 and December 1992 include respectively sales and profits from businesses since sold amounting to 105 million pounds sterling and 11 million pounds sterling, and 11 million pounds sterling and nil pounds sterling.
 2. The first quarter's figures to December 1992 include Beazer, acquired December 4, 1991.
 3. Pre-tax profit includes a profit of 20 million pounds sterling (1991 - nil pounds sterling) relating to the disposal of Weber Aircraft.
 4. The profit figures above reflect the concepts introduced in


Financial Reporting Standard 3.
 5. The exchange rate at December 31, 1992 was 1 pound sterling equals $1.5140. (At December 31, 1991, 1 pound sterling equals $1.8775).
 6. The quarterly dividend due to UK shareholders on April 1, 1993 will be paid to shareholders of record as of March 11, 1993.
 -0- 2/16/93
 /CONTACT: Mickey Foster of Hanson Industries, 908-603-6977/
 (HAN)


CO: Hanson PLC ST: New York IN: HOU SU: ERN

KD -- NY034 -- 6765 02/16/93 09:42 EST
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