Chairman's AGM Statement

Croda International PLC 26 April 2000 Croda International Plc - AGM At the Company's AGM today the Chairman, Keith Hopkins, made the following statement regarding trading:- 'I am pleased to announce that we have continued to make progress in the first three months of this year. Our unaudited management accounts for the first quarter show Group Profit before Tax 5% higher than the same period last year. Profits in our Oleochemical business were up 6%. This was a good result as our export margins continued to be buffeted by the weakness of the Euro and in the first quarter we suffered the expected start-up losses from our new plant in Singapore. Oleochemical sales in Sterling were over 4% higher with demand in the Americas and Far East continuing to be strong. While sales in mainland Europe are showing good growth, our Industrial Chemicals sales continue to decline in the very competitive UK market.' For further information please contact:- Mike Humphrey, Group Chief Executive 01405 860551 Barbara Richmond, Group Finance Director Financial Dynamics:- Charles Watson 0207 831 3113 Tom Baldock
UK 100

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