Expansion & Trading Update

Victrex PLC
06 September 2005



                                   VICTREX PLC

           SECOND VICTREX(R) PEEK(TM) POLYMER PLANT & TRADING UPDATE

The Company announces that it has placed the contract for engineering,
procurement and construction management of a second VICTREX PEEK polymer powder
manufacturing plant on its main UK site at Thornton Cleveleys, Lancashire. With
an estimated capital cost of £29m, the new plant will have the capacity to
support an additional 1,450 tonnes per annum of VICTREX PEEK sales. Construction
is scheduled to commence in spring 2006 with completion expected in late 2007.

David Hummel, Chief Executive of Victrex plc, commented:

'The construction of a second polymer plant will allow us to meet our medium
term growth expectations and demonstrate further security of supply to our
customers.'

Trading Update

Sales volume has remained strong in the second half and is expected to be
broadly in line with the 988 tonnes achieved in the first half. Invibio, our
medical implant materials business, has performed ahead of expectations and we
now expect that its sales revenue will be broadly in line with the first half
performance of £5.4m. As a result, Group gross margin for the full year should
be similar to the first half.

The annual trading update for the year ended 30 September 2005, disclosing
actual sales volume, will be made on Thursday 6 October 2005.

                                    - Ends -

For further information please contact:

Victrex plc                                             01253 897722
Michael Peacock, Finance Director
Hogarth Partnership Limited                             0207 357 9477
Nick Denton / Barnaby Fry

Victrex plc is an innovative, world leader in high performance materials through
the manufacture of Victrex (R) PEEK(TM) polymer.

It has manufacturing plants and research facilities in the UK and a global
network of sales and distribution centres serving customers based in over 30
countries.

Victrex PEEK is a high performance, easy to process, thermoplastic with a unique
combination of properties including exceptional chemical, wear, electrical and
temperature resistance combined with dimensional stability.

These properties enable engineers to deliver cost effective and improved
components across a broad range of markets in every day life applications such
as heating and cooling systems, coffee machines, cars, microchip manufacture,
aeroplanes, mobile phones and surgical instruments.



                      This information is provided by RNS
            The company news service from the London Stock Exchange