Trading Statement

Treatt PLC
14 March 2003



                                                                   14 March 2003



Treatt plc (the 'Company')

Trading Update


As the Company approaches the end of the first half of the year ending 30
September 2003, it is becoming clear that the Company will not match the profits
reported for the first half of last year and is unlikely to meet market
expectations for the full year ending 30 September 2003.


However, forecasting the outcome for the full year after only 6 months trading
is becoming more difficult. The strengthening position of Treatt USA, in
beverage ingredients for the American domestic market, means that the Group's
business is more seasonal and the second half of the year will be more important
to the Group.


In the first half to 31 March 2003, R. C. Treatt, the Group's principal
operating subsidiary based in the UK, has increased sales but margins continue
to be under pressure due to product mix and foreign exchange movements .


Treatt USA sales have been stable but there has also been a slight reduction in
margins due to the product mix and some additional costs incurred as a result of
the move to its new facility.


Outlook


The Board believes that this reduction in profits is a temporary factor and with
a much stronger order book in Treatt USA than last year the Board has confidence
in the future prospects of the Group.


The interim results for the six months ended 31 March 2003 are due to be
announced on Monday 19th May 2003.


Enquiries :


Hugo Bovill - Treatt plc      01284 714811


END


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