Re: Pricing Rounds

Tate & Lyle PLC
                  18 December 2006 - Tate & Lyle PLC

2007 CALENDAR YEAR PRICING ROUNDS

Tate & Lyle issues the following routine update regarding the 2007 calendar year
pricing rounds.

Food & Industrial Ingredients, Americas has substantially completed the
negotiation of its 2007 calendar year sales contracts. There was a small loss in
sweetener volume as it sought to increase margins in a rising corn market at the
end of the negotiating period. Total sweetener margins for the 2007 calendar
year are expected to be higher, much as anticipated. We also anticipate
achieving higher total net margins on both value added food and industrial
ingredients.

Our expectations for margins on ethanol sales, which represent a small
proportion of Food & Industrial Ingredients, Americas' overall sales, remain
consistent with our assumptions for our new facility in Fort Dodge, Iowa. Higher
corn costs and lower gasoline prices mean that 2007 ethanol margins are expected
to be substantially lower than those achieved in the current financial year.

Recent comments from the EU Agriculture Commissioner regarding the slow
surrender of quota to the restructuring fund have heightened concerns over a
continuation of oversupply of sugar in the sugar year ending 30 September 2008.
Against this background, we now think it unlikely that any recovery in sugar
pricing will occur during the 2007 calendar year. This reinforces our decision
to surrender beet sugar quota at Eastern Sugar, where negotiations are ongoing.

The pricing round for Food & Industrial Ingredients, Europe is (as is normal for
this time of year) at an early stage. So far satisfactory progress is being made
to recover higher raw material and energy costs.

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CONTACTS
Ferne Hudson, Head of Media and Press Relations
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Mark Robinson, Director of Investor Relations
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About Tate & Lyle: Tate & Lyle is a world leading manufacturer of renewable food
and industrial ingredients. It uses innovative technology to transform corn,
wheat and sugar into value-added ingredients for customers in the food,
beverage, pharmaceutical, cosmetic, paper, packaging and building industries.
The Company is a leader in cereal sweeteners and starches, sugar refining, value
added food and industrial ingredients, and citric acid. Tate & Lyle is the world
number-one in industrial starches and is the sole manufacturer of SPLENDA(R)
Sucralose.

Headquartered in London, Tate & Lyle is listed on the London Stock Exchange
under the symbol TATE.L. In the US its ADRs trade under TATYY. The Company
operates more than 65 production facilities in 29 countries, throughout Europe,
the Americas and South East Asia. It employs 7,000 people in its subsidiaries
with a further 4,800 employed in joint ventures. Sales in the year to 31 March
2006 totalled £3.7 billion. Additional information can be found on this website
www.tateandlyle.com.

SPLENDA(R) and the SPLENDA(R) logo are trademarks of McNeil Nutritionals, LLC