Trading Statement

Sirdar PLC
04 December 2006

SIRDAR PLC

04 December 2006

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

Trading update

In Sirdar's announcement of results to 30 June 2006, released on 14 September
2006, the Board stated that, in view of the downturn in demand for fashion hand
knitting yarns and a continuing uncertainty over the level of consumer spending,
the prospects for further increases in sales and profitability in the current
financial year remained challenging.

It is now apparent that the downturn in demand for fashion hand knitting yarns
has been more severe than was envisaged and that market conditions for
residential floor coverings have become more difficult.  In addition, there
continues to be pressure on margins across the Group.  As a result of this
situation and the ongoing volatility in the Group's markets, the Board believes
it is prudent to exercise considerable caution and they have reduced their
expectations for the remainder of the financial year significantly.

The Board also reported, in the announcement of results, that significant
progress had been made with the reorganisation of the residential floor
coverings business and detailed further changes that were planned within that
business.  The Board is now pleased to report that these changes have been
completed ahead of schedule and within budget, and that further streamlining is
planned for the first half of 2007.

As the Board is not yet able to predict when trading conditions will improve, it
will continue to focus on the control of costs and overheads and the effective
management of working capital.  Accordingly, in the absence of unforeseen
circumstances, the Board intends to recommend an unchanged interim dividend for
the year ending 30 June 2007 of 0.80p per share.

For further information please contact:

Sirdar PLC
Steve Harrison                    Chief Operating Officer           01924-371501
Kevin Henry                       Finance and Planning Director     01924-371501

Brewin Dolphin Securities
Andrew Kitchingman                Director - Corporate Finance      01132-410130

ENDS


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