AGM Statement

Stanelco PLC
22 April 2005

22 April 2005

                           Stanelco plc (the 'Group')

                                 AGM Statement

At today's AGM, Philip Lovegrove, Chairman made the following comments:


'In the last year, the Group has made substantial advances towards its goal of
becoming an intellectual property business, exploiting the Group's core
technologies. At the forefront of this is our revolutionary GREENSEAL technology
where we continue to move towards full commercialisation.


We announced in March that ASDA Stores Ltd (ASDA) would be the first to adopt
GREENSEAL in the UK, anticipating several hundred machines to be adapted to use
the technology during the first year at the earlier of the completion of three
further trials with ASDA suppliers or the signing of the first commercial order.
The first of these trials nears completion at Youngs Bluecrest, a leading ASDA
supplier.


Feedback from ASDA continues to be very encouraging. As a result of previous
successful ASDA trials using the GREENSEAL technology to seal lids on ready meal
 trays, ASDA have extended the trial work to other product areas.  Youngs
Bluecrest Seafood Ltd who are an ASDA own label supplier and major brand in
their own right have successfully completed additional trials across a wide
range of products producing results exceeding expectations and in turn leading
to other products in ASDA brand packs on the shelves today. These results
further demonstrate the growing number of benefits to ASDA, its suppliers and
consumers alike.


Following our recent agreements with both Premier Technology Inc. and Advanced
Energy Industries in the US, we are positioning ourselves to roll out the
technology in a number of markets including North America.


I am also pleased to report additional progress with Frogpack - our
impact-resistant packaging solution, which has recently successfully come
through rigorous third-party testing and is being made available to customers
via our licensed distributors.


With these new products and a number of others in development the Board looks to
the future with increasing confidence.'



Philip Lovegrove

Chairman


Ends


For further information please contact:


Ian Balchin, Chief Executive

Stanelco PLC

Tel: [phone]



Jonathon Brill/Billy Clegg

Financial Dynamics

Tel: [phone]


Notes to Editors:


About Stanelco

Stanelco was founded in 1953 and is a world leader in the development of radio
frequency technologies for processing polymers for edible and packaging
applications and the design and manufacture of optical fibre technology,
induction heating and dielectric welding equipment. The Company's current core
business is the manufacture of optical fibre using Radio Frequency (RF)
technology. Stanelco has been applying its technology to other markets. Current
developments include biodegradable air cushion packaging, sealing of low-cost
conventional plastics for food packaging, water-soluble detergent capsules,
foamed starch trays, edible sachets and waste packing.




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