Tate & Lyle, a world leader in sugar, cereal sweeteners and starches, today announced their preliminary results for the 53 weeks ended March 31, 2001. ANNOUNCEMENT OF PRELIMINARY RESULTS For the 53 weeks ended March 31, 2001 2001 2001 PRELIMINARY RESULTS TO MARCH 53 weeks 53 weeks $million(a) Pound million Audited Sales $6,136 Pound 4,146m Profit before tax, goodwill amortisation and exceptional items $167 Pound 113m (Loss)/profit before taxation ($337) (Pound 228m) EPS (diluted) before goodwill amortisation and exceptional items 23.2(cent) 15.7p EPS (diluted) (84.5(cent)) (57.1)p 2000 2000 PRELIMINARY RESULTS TO MARCH 52 weeks 78 weeks Pound Pound million million Unaudited Audited Sales Pound 4,090m Pound 6,183m Profit before tax, goodwill amortisation and exceptional items Pound 209m Pound 300m (Loss)/profit before taxation Pound 191m Pound 287m EPS (diluted) before goodwill amortisation and exceptional items 29.9p 45.2p EPS (diluted) 24.2p 40.2p (a) US Dollar conversions provided at the average exchange rate for the period of $1.48 = Pound