Eden Research plc

December 11, 2009 02:00 ET

Trading Update

                                                                                      11 December 2009
                              Eden Research plc ("Eden" or "the Company")
                                            Trading Update

Eden Research plc (PLUSMARKETS: EDE), a leading UK agrochemical development company, today announces a
trading  update  for  the  quarter  ended 30th September 2009.  Eden's  strategy  is  focused  on  the
development and commercialisation of terpene-based technology for agricultural use.

Business Highlights
    *       Highly  successful trial data announced for Spider Mites, Whitefly and Nematode  products
            indicating strong prospects for commercialisation of future products
    *       Final submission of 3AEY to the Chemicals Regulation Directorate completed
Financial Highlights

    *       Loss for the period of £251,779 , in line with the Company's expectations
    *       Revenue for the period of £17,265, being upfront payments for the Lachlan agreement
    *       Administrative expenses £97,637, reflecting the on-going low cost base of the Company

Clive Newitt, Managing Director said:

"Further  to our interim results announced in September, we are progressing well with various  current
and potential licensing agreements and look forward to making announcements shortly."

The directors of Eden Research plc are responsible for the content of this announcement

For further information please contact:

Eden Research plc
Clive Newitt, Managing Director                                   01993 862761

St Helens Capital Partners LLP                                    020 7368 6959
Mark Anwyl or Duncan Vasey

Contact Information

  • Eden Research plc