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HANSON REPORTS NINE MONTHS PROFIT OF $1.14 BILLION; EARNINGS PER ADR $0.86; QUARTERLY DIVIDEND PER ADR 15.14P

 NEW YORK, Aug. 17 /PRNewswire/ -- Hanson PLC (NYSE: HAN) today reported profit on ordinary activities before exceptional items for the nine months to June 30, 1993 of $1.095 billion ($1.141 billion) on sales of $10.6 billion ($9.1 billion). Pretax profit was $1.14 billion ($1.352 billion) and fully diluted earnings per ADR, reflecting the forecast return to a regular tax charge, were $0.86 ($1.17).
 Profit on ordinary activities before exceptional items for the three months to June 30, 1993 was $397 million ($412 million) on sales of $3.4 billion ($2.8 billion). Pretax profit for the three months was $382 million ($605 million) and fully diluted earnings per ADR were $0.28 ($0.54).
 The next quarterly dividend of 15.14p per ADR will be paid on October 8 to ADR holders of record on September 16. The actual exchange rate used in determining the dollar payment to ADR holders for the quarterly dividend payable in October will be at the exchange rate prevailing on October 1, 1993. The ADRs are expected to trade ex-dividend on the New York Stock Exchange from September 10, 1993. A dividend reinvestment program has been established for ADR holders. Following approval of the company's scrip dividend plan, holders of ordinary shares will be able to opt for shares instead of cash.
 Lord White, Chairman of the US arm, Hanson Industries, stated, "As a result of the impact of the US miners' strike, affecting about half our coal capacity, Peabody's profit for the nine months, including a first Australian contribution, was $109 million ($160 million). The United Mine Workers of America has agreed to resume negotiations with the Bituminous Coal Operators Association in Washington, D.C."
 "Our results," said Lord Hanson, Chairman of Hanson PLC, "reflect the gradual upturn in the US and UK economies and we shall take advantage of these improvements as they occur. The last few months have seen significant activity with the completion of the acquisition of Costain's Australian coal interests and of Santa Fe Pacific's coal and quarry assets; the proposed purchase of Econowaste and, most notably, the proposed acquisition of Quantum Chemical Corporation in a $3.2 billion agreed deal. All this augurs well for our continuing objective to enhance value for shareholders."
 Hanson PLC is a British-American industrial management corporation. In the U.S., Hanson Industries' operations include Peabody Coal, SCM Chemicals, Cavenham Forest Industries, Beazer, Grove Crane, Jacuzzi Whirlpool Baths, 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 STATISTICS IN DOLLARS
 UNAUDITED
 3 MONTHS TO JUNE 30 9 MONTHS TO JUNE 30
 1993 1992 1993 1992
 $ MILLION $ MILLION
 Sales 3,442 2,818 10,601 9,130
 Profit before
 exceptional items 397 412 1,095 1,141
 Exceptional items (15) 193 45 211
 Pre-tax profit 382 605 1,140 1,352
 Tax 103 72 303 202
 Net income 279 533 837 1,150
 Earnings per ADR:
 Primary $.29 $.55 $ .87 $1.19
 Diluted $.28 $.54 $ .86 $1.17
 Earnings per ordinary
 share:
 Primary 3.9p 7.4p 11.6p 16.0p
 Diluted 3.8p 7.2p 11.5p 15.7p
 Average ordinary shares
 outstanding
 Undiluted 4.824 4.812
 billion billion
 Diluted 5.083 5.065
 billion billion
 NOTES
1 The nine months' figures to June 1992 and June 1993 include
 respectively sales and profit from discontinued businesses
 amounting to $278 million and $137 million, and $46 million
 and $27 million.
2 The nine months' figures to June 1993 include sales and
 profits relating to acquisitions amounting to $85 million
 and $15 million, respectively.
3 The figures to June 1993 include nine months' contribution
 from Beazer, acquired December 4, 1991.
4 The profit figures reflect the concepts introduced in
 Financial Reporting Standard 3.
5 The exchange rate used for both June 30, 1993 and June 30,
 1992 was the June 30, 1993 rate of $1.4935 to the pound (at
 June 30, 1992, One Pound Sterling = $1.8920).
6 Each ADR represents five ordinary shares.
7 ADR Shareholders - The quarterly dividend payable October 8,
 1993 will be paid to ADR holders of record on September 16,
 1993. The actual exchange rate used in determining the
 dollar payment to ADR holders will be at the exchange rate
 prevailing on October 1, 1993. The ADRs are expected to
 trade ex-dividend on the New York Stock Exchange from
 September 10, 1993.
 HANSON PLC STATISTICS IN STERLING
 UNAUDITED
 3 MONTHS TO JUNE 30 9 MONTHS TO JUNE 30
 1993 1992 1993 1992
 MILLION POUNDS STERLING
 Sales 2,305 1,887 7,098 6,113
 Profit before
 exceptional items 266 276 733 764
 Exceptional items (10) 129 30 141
 Pre-tax Profit 256 405 763 905
 Tax 69 48 203 135
 Net income 187 357 560 770
 Earnings per ordinary
 share:
 Undiluted 3.9p 7.4p 11.6p 16.0p
 Diluted 3.8p 7.2p 11.5p 15.7p
 Average Ordinary shares
 outstanding:
 Undiluted 4.824 4.812
 billion billion
 Diluted 5.083 5.065
 billion billion


NOTES
1 The nine months' figures to June 1992 and June 1993 include
 respectively sales and profit from discontinued businesses
 amounting to 186 million pounds and 92 million pounds, and
 31 million pounds and 18 million pounds.
2 The nine months' figures to June 1993 include sales and
 profits relating to acquisitions amounting to 57 million
 pounds and 10 million pounds, respectively.
3 The figures to June 1993 include nine months' contribution
 from Beazer, acquired December 4, 1991.
4 The profit figures reflect the concepts introduced in
 Financial Reporting Standard 3.
5 The exchange rate at June 30, 1993 was $1.4935 to the pound
 (at June 30, 1992, One Pound Sterling = $1.8920).
6 Ordinary Shareholders - The quarterly dividend payable on
 October 1, 1993 will be paid to those shareholders of record
 on September 16, 1993. The Hanson scrip dividend plan
 applies to this dividend in respect of which the valuation
 period is September 6-10, 1993 inclusive. For shares quoted
 on the London Stock Exchange the ex-dividend date is
 September 6, 1993.
 -0- 8/17/93
 /CONTACT: Mickey Foster, of Hanson Industries, 908-603-6977/
 (HAN)


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

LG -- NY023 -- 3434 08/17/93 09:32 EDT
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