1. Croda International Plc 2000 Preliminary Results

2. Summary of continuing operations 20001999 £m £m Sales307.9303.8 ======== ========= Operating Profit 44.944.6 Interest(8.8)(7.5) __________ __________ Pre-exceptional profit36.137.1 Exceptionals-(8.3) ___________ ___________ Profit before tax36.128.8 ___________ ___________ EBITDA58.861.5

3. Statistics 20001999 EPS normalised (p)19.020.4 DPS (p)11.010.7 Dividend cover1.71.9 Interest cover5.36.4 Tax Rate33.9%32.0%

4. Other items in operating profit * £m 20001999 Redundancy 0.90.5 Depreciation and Amortisation13.916.9 Pension Costs4.01.0 * Continuing operations before exceptionals only

5. Exceptional item £m Profit on Adhesives sale18.2 Goodwill written back (7.9) _________ Net Profit on Adhesives10.3 __________

6. Cash flow £m 20001999 Operating cash flow44.858.8 Interest(8.6)(7.2) Dividends(12.3)(8.3) Taxation(13.8)(12.2) __________ _______ Free cash flow10.131.1 Net Capex(23.8)(29.7) Own shares(1.8)(7.9) Acquisitions/Disposals35.8(2.5) __________ ________ Net cash flow20.3(9.0) __________ ________

7. Turnover change on prior year* VolumeCurrencyMix/Total Price % % % % H1-1.0-1.0+4.0+2.0 H2-2.0+3.0-+1.0 Year-1.5+1.0+2.0+1.5 * Continuing operations only

8. Volume change on prior year* OleochemicalsIndustrialTotal % % % H1-3.5+2.0-1.0 H2-1.5-3.0-2.0 Year-2.5-0.5-1.5 * Continuing operations only

9. Sales by destination * United Kingdom64.420.971.323.4 Rest of Europe82.926.981.326.8 Americas97.531.790.529.8 Asia36.111.731.910.5 Rest of World27.08.828.89.5 _________ ________ ________ ________ 307.9100.0303.8100.0 _________ _________ ________ ________ * Continuing operations only 20001999 £m%£m%

10. Segmental results

11. Oleochemicals* 199919991999200020002000 FirstSecondYearFirst SecondYear halfhalfhalfhalf Turnover£m125.0124.0249.0128.9127.5256.4 Trading Profit£m20.322.042.321.721.743.4 Margin%16.217.717.016.817.016.9 * Continuing operations only

12. Oleochemicals* * Continuing operations only

13. Oleochemicals key points Strong growth in the Americas and the Far East Positive mix effect Singapore start up Raw materials stable

14. Industrial Chemicals * 199919991999200020002000 FirstSecondYearFirst SecondYear halfhalfhalfhalf Turnover£m26.628.254.825.526.051.5 Trading Profit£m2.43.66.02.92.65.5 Margin%9.012.810.911.410.010.7 * Continuing operations only

15. Strategy

16. Restructuring Adhesives completed and sold Resins completed and sold Fire-Fighting completed Colloids completed Chemicals complete - Q1 01

17. Disposal programme Adhesives sold Resins sold Croda Herberts JV in process Mexico JV in process Substantially complete

18. Singapore Plant operational Output rising Demand still growing well

19. ERP implementation UK now fully live Europe to begin shortly Brazil in second half

20. e-marketing Intranet live Pilot extranets e-commerce to follow

21. New products Amazon project Further Sederma projects Update on recent Sederma launches

22. New pharma products Provensis project update Super High Purity Lipids - CO 2 Super grade liquid lanolins for Medical Delivery

23. Outlook Ever increasing oloechemical focus Disposal programme substantially complete Singapore Continued stable raw material prices New Products Targetted acquisitions

24. Group trading profit