RNS Number:7493J
Enodis PLC
08 April 2003


8 April 2003

                                   ENODIS PLC

                                CEO TO BE US-BASED

                    DAVE McCULLOCH TO SUCCEED ANDREW ALLNER

                                 TRADING UPDATE


Enodis plc, the global food service and food retail equipment company, announces
that the office of Chief Executive Officer ("CEO") will relocate to the US in
June 2003, at which time Dave McCulloch, currently COO, will assume the position
of CEO.  The Group also provides an update on trading.

Office of CEO to transfer to Florida

The Board of Enodis has concluded there are significant benefits to be gained
from the consolidation of its executive team at its Global Operations Center in
New Port Richey (Tampa) Florida.  This facility already houses the heads of
finance, human resources, marketing, purchasing, US sales, operations, legal,
information technology, as well as the Enodis Technology Center, which is used
extensively for innovative equipment solutions as well as customer and industry
events.  Relocating the office of the CEO to this facility will result in
significantly improved accessibility to the operations and customers in North
America, where 75% of the Group's sales are generated.

It is the Group's intention to maintain its primary listing on the London Stock
Exchange and retain the office of the Chairman and its head office functions in
London.

Andrew Allner, currently  CEO and based in London, has decided not to relocate
to Florida for family reasons, but will stay with the Group until June to assist
an orderly transition.  Andrew Allner will be succeeded by Dave McCulloch, 56,
who joined the Board of Enodis in November 2001 and was appointed Chief
Operating Officer in May 2002.  Prior to joining the Board of Enodis he held a
number of senior Enodis positions in North America.  Previously, he spent 17
years in the residential appliance business of Camco, Inc., a subsidiary of
General Electric.

Commenting, Peter Brooks, Chairman, Enodis plc, said:

"Moving the office of CEO to Florida is the next logical step in the evolution
of Enodis and will deliver substantial operational benefits.  For personal
reasons, Andrew Allner has decided not to relocate to the US.  On behalf of the
Board I would like to thank him for his strong leadership through a period of
significant change.  Enodis has been refinanced, net debt has been substantially
reduced and the non-core disposal programme has been completed.  Andrew leaves
Enodis repositioned and with a clear strategy for growth when market conditions
improve.  Dave McCulloch has done an outstanding job as COO and both Andrew and
I are confident he will be an excellent successor as CEO."


Trading Update

Operating profits for the 26 week period ended 29 March 2003 are expected to be
as the Board anticipated at the announcement of the preliminary results on 20
November 2002.  Q2 03 operating profits are expected to be below those of Q2 02,
due to adverse foreign exchange movements and the effects of disposals.

On a like-for-like basis Q2 03 operating profits will be in line with Q2 02.  We
expect weaker profits at Food Service Equipment - North America, due to lower
sales to certain Quick Serve Restaurants and continued pricing and margin
pressures at our North American refrigeration business.  However, we expect this
to be offset by an improved Q2 03 performance from our Food Service Equipment -
Europe/Asia businesses and also from Food Retail Equipment, where we expect a
small profit this quarter, compared to like-for-like losses of #0.9m in Q2 02
last year, as Kysor Warren's performance continues to improve.

New cost reduction and restructuring measures are being implemented, including
salaried headcount reductions, purchasing and material efficiency initiatives
and reductions in discretionary spending.  These actions are being taken to
mitigate the likely impact of slower markets in the second half.  These measures
are anticipated to save up to #9m of costs planned for the second half of the
current year, resulting in a full year saving of #13m.  The Group is taking an
exceptional charge for the cost of these programmes, together with the costs of
relocating the office of the CEO, expected to be approximately #4.5m in total,
with approximately #1.7m recognised in the first half.  In addition, as a result
of the slowdown in the property market, approximately #2.5m of exceptional
provisions will be recorded for liabilities for vacant leasehold properties.

In line with the Board's expectations net debt at the end of Q2 03 is expected
to be broadly the same as at the end of Q1 03.  It is anticipated debt will
reduce in the second half.

Enodis will announce its interim results on Thursday 8 May 2003.



For further information, please contact:

Peter Brooks, Chairman, Enodis plc               On 8 April 2003:  020 7269 7291
                                                 Thereafter:  020 7304 6000
Andrew Allner, CEO, Enodis plc
Dave McCulloch, COO, Enodis plc

Richard Mountain, Financial Dynamics             020 7269 7291




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            The company news service from the London Stock Exchange
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