Trading Statement

Croda International PLC
31 October 2001


                                                               31 October 2001



                           Croda International Plc

                       Third Quarter Trading Statement

Commenting on the results for the nine months to 30 September 2001 Keith
Hopkins, Chairman said:

'Following a brisk start to the third quarter the horrific events of September
11th seem to have caused a marked slowdown in sales in our important
businesses in the United States of America.  It is too early to determine how
long this lower level of demand will persist.

Our unaudited management accounts for the first nine months show sales up 2%
and profit before tax for continuing operations down 8% compared with the
previous year.

Due to strong cash generation, at the end of September net debt had fallen to
£76m giving an interest cover of approximately 6.5 times, following the
implementation of tighter working capital controls.

We will be making a presentation to analysts today on the exciting prospects
in our Healthcare business.  The slides from the presentation will be posted
on our web site (www.Croda.com) at about 11 a.m.'

For further information, please contact:

Mike Humphrey, Chief Executive                       Tel:  [phone]
Barbara Richmond, Group Finance Director             Tel:  [phone]
Charlie Armitstead, Financial Dynamics               Tel:  [phone]


Or visit our web site at:  www.Croda.com