Trading Statement

Stanelco PLC 08 September 2006 Stanelco PLC 8 September 2006 Stanelco PLC ('Stanelco' or 'the Company') 8 September 2006 Trading update Further to the trading update on 17 August 2006, the Company is continuing to negotiate with the two parties with which it signed letters of intent to compound Starpol resin for the US market, and contracts are in the process of being finalised. As the Company's portfolio of products moves closer to commercialisation, the costs of this have increased relative to those in the first half of the financial year. As a result, the Company now expects that the loss for the six months to 31 October 2006 will moderately exceed that of the first half. The Company is making good progress in discussions on the financing options available to it and will update the market once any further information is available. Contact Jonathon Brill Financial Dynamics 020 7269 7170 This information is provided by RNS The company news service from the London Stock Exchange
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