Trading Statement

RNS Number:0705R
KBC Advanced Technologies PLC
20 October 2003


KBC Advanced Technologies plc

20 October 2003


                         KBC Advanced Technologies plc

                                    ("KBC")


                                 Trading Update


In our trading update of 9 September 2003 we referred to the status of two large
contracts awards, which were expected during the third quarter of this year.
Since that time one of these contracts has been lost but the other contract
award has now been confirmed for commencement in November 2003.


The contract is a multi-site technical services and software program in South
America of more than two years' duration, worth close to 10 million US dollars
over that period. The program is focused on training and technology transfer and
represents the third phase of a long-standing relationship with this client. The
scope of work includes components of all of KBC's products and services
including the development and implementation of a corporate wide reliability
program and on-site profit improvement implementation training. In addition, KBC
will train and assist the client to improve its operations planning tools, and
will construct, install and maintain KBC's complete suite of Profimatics
optimisation software.


This award provides a significant element of the outstanding work needed in
order to deliver the profit expectation for 2003 set by our previous
announcement. Together with a number of other smaller contract awards received
during the last month, this should ensure a continued recovery into 2004.


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Enquiries:


KBC Advanced Technologies plc                               01932 236314
Nicholas Stone, Finance Director



Notes to Editors:

KBC Advanced Technologies plc is a leading independent process engineering group
which provides consulting services and implemented solutions worldwide to owners
and operators of oil refineries and other clients in the process industries. KBC
analyses plant operations and management systems, recommends changes that
deliver material and measurable improvements in profitability and offers
implementation services to assist clients in realising measurable financial
improvements. It also offers economic and pricing studies focused on the future
outlook for the oil industry. KBC works with its clients both to implement its
recommendations and to realise and monitor the resulting improvements in profits
on a continuing basis. In carrying out this work its consultants make extensive
use of the process simulation software tools which KBC has developed.






                      This information is provided by RNS
            The company news service from the London Stock Exchange

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