Trading Statement

Carclo plc
20 February 2004

                                   Carclo plc

                      Trading update and Board appointment



Trading Statement


The Board of Carclo plc (the 'Company') announces that whilst the Company is
showing growth in profitability led by demand in the US, Czech Republic and
China, demand for UK Technical Plastics has not maintained the recovery
experienced in November and December of last year.


In light of the above, the Board has decided to further reduce the Company's UK
manufacturing capacity in the Technical Plastics division through the closure of
three sites resulting in the loss of approximately 140 jobs. The closures will
result in an exceptional charge of approximately £3.5 million, most of which
will be incurred in the current financial year but will help improve the
Company's long term profitability.


Whilst underlying operating profit will be modestly below expectations for the
second half, debt reduction remains on target and the actions described above
will underpin next year's performance.


The resources made available by the restructuring will allow the Company to
increase investment in its portfolio of new product and process developments.


Appointment of Group Finance Director


The Board also announces the appointment of Mr. Robert Brooksbank as Group
Finance Director with effect from 1 April 2004.


Robert, aged 37, joins the Board from his family firm, Brooksbank Industries
Limited, where he has been Business Development Director since 1997 and Finance
Director since 2000.  He gained a BSc Honours Degree in Biological Sciences from
Edinburgh University.


Robert qualified as a Chartered Accountant with Ernst & Young in London before
spending two years in their Moscow office.  He then joined Enron Europe in 1995
firstly as a member of their project finance team and latterly as part of their
Eastern European Department.


In accordance with paragraph 16.4 of the Listing Rules, no further details
regarding Robert Brooksbank are required to be disclosed under paragraph 6.F.2
(b) to (g).


Enquiries:


Ian Williamson, Chief Executive             01924 330500








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