KBC Kbc Adv.Tech.

RNS Number:1841P
KBC Advanced Technologies plc
09 January 2007



Embargoed until 0700                                             9 January 2007

                         KBC Advanced Technologies plc
                            ('KBC' or "the Company")

     Trading Update confirms Sustained Turnaround in Financial Performance

KBC, a leading independent consultant to the oil industry, announces a trading
update in relation to the preliminary results for the year ended 31 December
2006 which will be announced on 15 March 2007.

The first half of 2006 saw a significant turnaround in the financial performance
of the business, in both contracts awarded and trading profitability. The Board
is pleased to confirm that this improvement continued in the second half of the
year as anticipated and has resulted in the delivery of sustained profitability
compared to the losses made in 2005. As a consequence the Company is confident
of delivering an overall financial performance in line with market expectations.

The sustained improvement in trading is the result of strong growth in contract
awards that started in the second half of 2005 and was maintained throughout
2006. Total contract awards for 2006 were more than #35m, up by 10% on 2005. The
revenue taken in 2006 from the contract award backlog is expected to show an
increase of more than 20% over 2005 and result in the backlog increasing by
around 50% from #18m at the start of 2006 to around #27m going into 2007. The
backlog figure for 2007 includes TTS which was acquired in February 2006 with a
backlog of around #8m.

Significant contract awards since the announcement of the Company's half-year
results on 7 September include the following:

   *A Strategic Alliance agreement with Petroliam Nasional Berhad (PETRONAS)
    in Malaysia for the provision of specialised consulting services, software
    tools and methodologies for an initial period of two years;
   *Retention by Citadel Capital as Technical Advisor to its expansion
    project involving a broad range of Capital Excellence (CapX) services
    supporting the construction of a new hydrocracking complex in Egypt;
   *Contracts with Valero Refining Company in the US for developing operating
    procedure manuals by TTS, and using Veritech services for energy and yield
    improvements;
   *Four traditional KBC Profit Improvement Programs in the Middle East;
   *A Petro-SIM sale to Saudi Aramco at their Ras Tanura refinery; and
   *Further energy reduction and 'Deepcut' technology projects with Sinopec
    refineries in China.

The market conditions for KBC's products and services are extremely positive in
a world facing a shortage of refining capacity for some years to come. As a
consequence KBC's consulting resources have been extremely busy and effectively
at full utilisation during the last quarter of 2006 and will remain so during
the first quarter of 2007. The Board sees no reason for this to change in the
near future and therefore looks forward to continuing growth in the order book
and profitability during 2007.
                                    - Ends -

For further information please contact:

KBC Advanced Technologies plc
George Bright, Chief Executive                                     01932 236314
Nicholas Stone, Operations and Finance Director

Arden Partners Limited
Richard Day                                                       020 7398 1632

Weber Shandwick | Square Mile
Richard Hews / Rachel Taylor                                      020 7067 0700

Notes to Editors:

KBC Advanced Technologies plc, a leading independent consulting, process
engineering and software group, delivers improved operating performance to the
oil refining, petrochemical, and other process industries worldwide. We provide
process consulting, strategic planning advice, energy price forecasting and
market analysis, economic studies, capital project services, and training to
help clients achieve their business objectives and improve their competitive
position. KBC's human performance improvement division, TTS Performance Systems,
provides organisational effectiveness services, training programmes, operations
manuals, and personnel development services. KBC's consultants recommend changes
for material and measurable improvements in profitability. To assist clients in
realising such improvements, KBC provides implementation services and software
solutions, including the KBC SIM models and Petro-SIM (TM) for process
optimisation, and the Linnhoff March and Veritech energy optimisation software
packages. Formed in 1979, KBC has offices in the UK, USA, Canada, Singapore, the
Netherlands, Russia, China, and Japan. For more information, visit
www.kbcat.com.





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

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