Symphony Plastic Technologies PLC
20 April 2005
For Immediate Release 20 April 2005
SYMPHONY PLASTIC TECHNOLOGIES PLC
DEVELOPMENTS IN THE COURT OF APPEAL
Following the announcement of 4 March 2005 by Symphony Plastic Technologies plc
('Symphony'), there have been further developments concerning EPI's appeal
against the judgment of the High Court of 21 December 2004.
At a hearing in the Court of Appeal on 20 April 2005, EPI was ordered to pay
into court a further £200,000 to secure Symphony's costs of EPI's appeal. EPI
was also ordered to pay Symphony's costs for the hearing. Both amounts are to be
paid within 14 days.
Michael Laurier, Chief Executive Officer, said:
'The appeal is expected to be heard by the end of October 2005 and we hope that
the litigation will be concluded before the end of this year. We remain
confident of our position.'
For further information, please contact:
Symphony
Michael Laurier, Chief Executive Tel: 020 8207 5900
Allan Blacher, Chief Operating Officer
This information is provided by RNS
The company news service from the London Stock Exchange