Trading Statement

Coral Products PLC
22 February 2001

For immediate release
                                                              22 February 2001

CORAL PRODUCTS PLC

Trading Statement



The Board of Coral Products PLC, one of Europe's leading manufacturers and
suppliers of media packaging for Digital Versatile Disc (DVD), Video and CD
states that, following an industry-wide slowdown in demand for CD products,
both within the UK and Europe, CD turnover in this business sector has been
reduced.



Although margins have been protected wherever possible from large fluctuations
in raw material prices by agreements with major clients, linking product
selling prices to raw material costs, the reduction in CD product turnover in
the last two months will impact profitability in the second half of the
current year. As a result, pre-tax profits for the financial year ending 30
April 2001 will not match those reported last year.



The Board believes the slow-down in CD sales to be temporary and anticipates a
return to former and improving levels in due course.



Coral's DVD customer base is showing further expansion and production of video
cases continues to be both encouraging and rewarding.



                                    -Ends-



Enquiries:

Warren Ferster, Managing Director

David Shalom, Finance Director

Coral Products PLC

Tel: [phone]



Paul Vann

Binns & Co PR limited

Tel: [phone]