Preliminary Results Announcement 2004

11 Apr 2005 Southampton, UK

2004 results highlightsLucite International, owner of the world-renowned Lucite® and Perspex® brands and a global leader in the innovation, design and manufacture of acrylic based products, today announces its results for the year ended 31 December 2004.

Highlights

• Strong performance despite challenging raw material prices

• Record levels of production

• Increase in sales and EBITDA in US dollars

• Construction of new 100kte Methyl Methacrylate (MMA) plant in China on schedule for completion mid 2005

• Choice of location for first world scale, new low cost technology ‘Alpha’ plant being finalised. Design for first plant now underway targeting 2007 completion.

Commenting on the results Ian Lambert, Chief Executive, said:

“Following the improvements in productivity, output and earnings in 2003, Lucite International achieved further volume growth and investment in 2004, with constant dollar sales and EBITDA rising 14% and 10% respectively. Strong cash generation during the year has enabled us to further reduce our debt and we have made excellent progress on our new world scale facility in China. In 2005 the business is looking forward to the start-up of these new facilities and initial investment in another plant based on our revolutionary new, low-cost Alpha technology.”

Further information:

Lucite International

Ian Lambert, Chief Executive 02380 248150

Annie Veerman, Chief Financial Officer 02380 248150

Financial Dynamics David Yates 020 7831 3113

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