Health related issues, stringent environmental protection policies, search for cost effective and alternative materials, crave for renewability and sustainability and quest for high performance materials for structural applications give the motivation for research in polymer composites and material science. Due to the health, safety and environmental concerns over the conventional synthetic materials and the legislation against their usage both in domestic and industrial applications, alternatives sources that will be comparable in properties are being sought. There is an emerging market for biodegradable polymers which is expected to increase substantially in the coming years.[1] Preparation of Composites Airlaid and woven flax fibre mats were first treated with 4% sodium hydroxide solution for one hour and then washed with plenty of water. This was done in order to remove any residual impurities. The fibres were dried at room temperature for 24 hr and then dried in a vacuum oven for 1hr at a temperature of 105°С. The 8 sheets of the fibre were hand laid cross- wisely and the impregnation was done manually. The fibre/ resin ratio was about 60% to 40%. Methacrylated soybean oil, methacrylic anhydride and acetic anhydride modified soybean oil were the synthesized matrices used. The compression moulding was done at a temperature of 170°С for 5 min at 40bar. Characterisations The tensile testing was performed based on an ISO-test method for tensile tests on plastic materials. The Charpy impact strength of unnotched specimens was evaluated in accordance with ISO 179 using a Zwick test instrument and scanning electron microscopy analysis was done on the fractured specimens. The composites showed various mechanical properties, having impact strengths between 24 and 63 kJ/m² and tensile strength up to 51MPa.