Tate & Lyle Value Added Seminar

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Tate & Lyle PLC will be holding a seminar discussing value added products today in London commencing at 10.00 am. The meeting will be hosted by Iain Ferguson, Chief Executive, and other senior managers and will be attended by institutional investors and stockbrokers’ analysts. Iain Ferguson will provide an overview of our business and value added products and then Simon Gifford, Group Finance Director, will explain the contribution that value added products make to overall profitability and the applications for these products. Greg Morency, our new global Vice President Marketing, will set out our new approach to customers. After a break to visit product displays, John Roginski, Vice President, Sales and Marketing, Industrial Products for Tate & Lyle in the US, will give an update on bio-products. Austin Maguire, President of Tate & Lyle Sucralose, will provide an overview on what is happening in this business, where we now expect sales for the six months to September 2004 to exceed $100 million and profit before tax to exceed the proforma US$ 33 million achieved in the 2003 calendar year. The presentations given at the seminar will be available on our website (www.tateandlyle.com/investorrelations) following the start of the meeting.

About Tate & Lyle: 
Tate & Lyle is a global provider of solutions and ingredients for food, beverage and industrial markets.

Tate & Lyle operates through two global divisions, Food & Beverage Solutions and Primary Products, supported by the Innovation and Commercial Development and Global Operations teams. Food & Beverage Solutions is focused on growth by building leading positions globally in the categories of beverages, dairy, and soups, sauces and dressings. Primary Products is focused on delivering steady earnings and generating cash.

Food & Beverage Solutions consists of: Texturants, including speciality starches; Sweeteners, including low- and no-calorie sweeteners; and a Health and Wellness portfolio comprising mainly speciality fibres; and Stabilisers and Functional Systems, which are bespoke ingredient blends that ensure foods retain their structure.

Primary Products consists of high-volume sweeteners, industrial starches and fermentation products (primarily acidulants).  It also sells co-products from the corn milling process as animal nutrition.

Tate & Lyle is listed on the London Stock Exchange under the symbol TATE.L. American Depositary Receipts trade under TATYY. In the year to 31 March 2019, Tate & Lyle sales totalled £2.8 billion. For more information, please visit http://www.tateandlyle.com or follow Tate & Lyle on Twitter or Linkedin.