Announcement   Monday, December 8, 2003

TREATT PLC
PRELIMINARY STATEMENT
For the year ended 30 September 2003

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 2003.

Summary

• Group turnover increased by 3.1% to £31.7 million (2002: £30.7 million)
• Earnings before interest, tax, depreciation and amortisation (EBITDA) up 5.6% to £2.83m (2002: £2.68m)
• Profit before exceptional items £2.09 million (2002: £2.77 million)
• Profit after taxation fell marginally to £1.40 million (2002: £1.48 million)
• Dividends remain unchanged at 8.4p per share
• Earnings per share before exceptional items of 14.6p (2002: 19.7p)
• £1m invested in new Group wide IT system almost complete
• Treatt USA $ sales up 9%
• Increased operating costs for Treatt USA following relocation to a new purpose designed facility

Edward Dawnay, Chairman commented:
"The Group's investment in a new manufacturing IT system and state of the art premises for Treatt USA will enable Treatt Plc to increase its profitability and make efficiency savings over the next twelve months."

Chairman's Statement re preliminary results for the year ended 30-09-03.
Preliminary results for the year ended 30-09-03, Summary Financials

For further information please contact:

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