Trading Statement

Sirdar PLC
12 December 2003

12 December 2003


                      Sirdar PLC ('Sirdar' or the 'Group')

                                 Trading update

In Sirdar's preliminary results for the year ended 30 June 2003, announced on 18
September 2003, the Board stated that the start to the new financial year had
been challenging and that it expected market conditions to remain difficult. The
Board reports that the Group has continued to perform below expectations and
that it does not see an improvement in trading in the short term.  In addition,
the Group has been informed, following an updated actuarial valuation of the
Group's pension scheme, that there will be an additional charge of approximately
£1.0 million in respect of the pension scheme in the year ending 30 June 2004.
As a result of these factors, the Board now expects that the Group's operating
profit for the year ending 30 June 2004 is likely to fall significantly below
that for the comparable period in 2003.  The impact of these factors on the
interim dividend is being considered.

The Board is considering all options to improve trading performance across the
Group, including the restructuring of certain of its operations which is likely
to incur exceptional costs in the year ending 30 June 2004.

The Board will continue to monitor progress and update shareholders as
appropriate.

We intend to announce our interim results in March 2004.

For further information please contact:

Sirdar PLC                                           01924 371501
Duncan Verity - Chief Executive
Kevin Henry - Finance Director


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