Appointment

Stanelco PLC 12 December 2001 Name of Company: STANELCO PLC Stanelco plc is pleased to announce the appointment of Mr Thomas J Stuart as a director of its subsidiary, InGel Technologies Limited (InGel). This appointment is made following the announcement last week of the collaboration agreement with R.P. Scherer Corporation whereby they acquire, from Stanelco, a ten percent (10%) equity interest in InGel Technologies Limited (InGel) for approximately £1.1M. Tom is president of R.P. Scherer's European operations and has previously held other senior commercial and operations positions at R.P. Scherer since 1990. Prior to that Tom was a senior manager with Arthur Andersen & Co. Tom joins Ian Balchin and Barrie Hozier on the Board of InGel. Ian Balchin is chief executive and a director of Stanelco plc and Barrie Hozier is finance director and company secretary of Stanelco plc. It is not anticipated that the directors will receive any additional remuneration from InGel. InGel is a company created by Stanelco to commercialise its capsule making technology. Scherer is one of the world's premier drug delivery companies and has the leading global position in the softgel capsule technology. Scherer is part of the Pharmaceutical Technologies & Services division of Cardinal Health, Inc. Cardinal is a leading provider of products and services supporting the health-care industry. Cardinal Health companies develop, manufacture, package and market products for patient care; develop drug-delivery technologies; distribute pharmaceuticals, medical, surgical and laboratory supplies; and offer consulting and other services that improve quality and efficiency in health care. The company, which is headquartered in Dublin, Ohio, employs more than 49,000 people on five continents and produces annual revenues of more than US$40 billion. Ends.
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