Announcement   December 2002

TREATT PLC
PRELIMINARY STATEMENT
For the year ended 30 September 2002

Treatt PLC, the manufacturer and supplier of flavour and fragrance ingredients, primarily from essential oils, announces today its preliminary results for the year ended 30 September 2002.

Summary

• Group turnover increased by 11% to £30.7 million (2001: £27.6 million)
• Profit before exceptional items £2.77 million (2001: £2.83 million)
• Dividends up 4% to 8.4p per share
• Earnings per share before exceptional items increased to 19.7p (2001: 19.4p)
• Treatt USA sales up 27%
• Invested in new Group wide IT system
• Completed the relocation of Treatt USA into a new purpose designed facility
• One-off orange stock profits earned
• Significant new business won

Edward Dawnay, Chairman commented:
"We are optimistic for growth in the US and we have renamed our US operation Treatt USA. Strong growth has been experienced in the last twelve months."

Chairman's Statement re preliminary results for the year ended 30-09-02.
Preliminary results for the year ended 30-09-02, Summary Financials

For further information please contact:

Treatt PLC 01284 702500
Hugo Bovill, Managing Director
Richard Hope, Finance Director