AGM Statement

Croda International PLC
23 April 2003


23 April 2003


                            Croda International Plc

                             AGM Trading Statement



Commenting at today's AGM, Antony Beevor, Chairman of Croda International Plc,
said:


'In our annual report published last month I said that we believe that in 2003
organic growth, new product deliveries and the exit from low return businesses
will mean we are well placed for further progress.


I am therefore pleased to report that our unaudited management accounts for the
first quarter show sales from continuing operations up by over 3% and profits
before tax from continuing operations up by almost 6% on the previous year. At
the end of March net debt had reduced to just below £50m.


We have benefited from continued strong demand for our speciality ingredients
globally. In addition our interest charge is lower as a consequence of lower
interest rates and the reduction in our debt levels in the last 12 months.'



For further information, please contact:

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



or visit our website at www.croda.com


The Company will announce its interim results on 30 July 2003.






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