Placing of Shares

Symphony Plastic Technologies PLC 16 November 2004 16th November 2004 Symphony Plastic Technologies PLC Placing of Shares Symphony Plastic Technologies, the degradable plastics company, announces that it has placed 730,000 new ordinary shares of 1 pence each at a price of 13 pence per share. The placee is a personal pension fund of an employee of the company. Application has been made to admit the shares to trading on AIM and dealing is expected to commence on Friday 19th November 2004. For further information: Symphony Plastic Technologies Plc Ian Bristow, Finance Director +44 (0) 20 8207 5900 Durlacher Limited Matthew Robinson / Marcus Jackson +44 (0) 20 7459 3600 Citigate Dewe Rogerson Victoria Brough / Ged Brumby +44 (0) 20 7638 9571 Further information on Symphony Plastic Technologies PLC Symphony develops and supplies environmentally responsible plastic packaging products, which are distributed primarily to the retail, local authority and health related sectors. The Group's main technology, d2wTM, allows plastic to degrade, leaving only water, a minimal amount of carbon dioxide and trace amounts of non-toxic biomass over a short time period. The current d2wTM product range now includes additives, carrier bags, refuse and waste sacks, mailing wrap, stretch film, aprons, dog waste sacks and packaging films. Symphony has a strong blue-chip customer base in the UK and has successfully established itself as an international business after signing contracts with companies in Brazil, Canada & USA, New Zealand, South Africa, the Caribbean and the Middle East. Further information on Symphony can be found at www.degradable.net. Ends. This information is provided by RNS The company news service from the London Stock Exchange