License Option Agreement

Accsys Technologies PLC
15 October 2007



15th October 2007


AIM: AXS

NYSE Euronext Amsterdam: AXS




      Accsys announces 100,000 m3 License Option Agreement in Middle East


Accsys Technologies PLC ('Accsys' or 'the Company') announces that its 100%
owned subsidiary, Titan Wood Ltd., has signed a licence option agreement with Al
Rajhi Holdings W.L.L., in respect of rights to manufacture AccoyaTM in five
Middle East countries for a nameplate capacity of 100,000 cubic metres of
production of AccoyaTM wood.



The terms of the license option agreement include a premium payment of €100,000
and six months exclusivity for five of the six GCC (Gulf Cooperation Council)
countries: Kuwait, Bahrain, Qatar, Oman and the Kingdom of Saudi Arabia (rights
for the sixth GCC country, the UAE, are currently under contract to Skanfore
LLC, as previously announced by the Company). This exclusive period will be
extended on the exercise of the option. As with previous Titan Wood licence
option agreements, terms of the licence would include licence fee payments of
€200 per cubic metre of nameplate capacity (€20,000,000 in total) and €22 per
cubic metre of production royalties for twenty years.



Willy Paterson-Brown, Executive Chairman of Accsys commented, 'we are
particularly pleased to enter into a trading agreement with the Al Rajhi
Holdings Group, whom we welcomed as shareholders in the Company last year. We
have learned a huge amount about the Middle East market, through this
relationship, and realise that the potential for AccoyaTM will be exploited to
the full, with such a strong commercial partner supporting it'.



Yaser Alsharifi, Head of Corporate Finance at Al Rajhi Holdings Group, added, 
'we are delighted with the prospect of producing AccoyaTM under licence with
Titan Wood in the Middle East.  We are working to conclude a full licence
agreement shortly. The unparalleled durability of this product, in extreme
climatic conditions, will benefit our region, and will also help the environment
globally. We are excited to be able to commercialize this opportunity in the
Kingdom of Saudi Arabia and elsewhere in the GCC region.



The Al Rajhi Holdings Group currently owns approximately 5.8% of the Company's
issued ordinary share capital.





ENDS



For further information, please contact:




Accsys Technologies PLC                  William Paterson-Brown,               [phone]
                                         Executive Chairman



Collins Stewart Europe Limited           Tim Mickley / Michael O'Brien         [phone]
Parkgreen Communications                 Justine Howarth /                     [phone]

                                         Bex Sanders-Hewett
Citigate First Financial B.V.            Jose Tijssen / Frank Jansen           + 31 (0) 20 575 4024



Notes to Editors:



Al Rajhi Group

Al Rajhi Holdings W.L.L. and Al Rajhi Partners (together 'Al Rajhi') represent
the business interests of Sheikh Abdulrahman Saleh Al Rajhi and his immediate
family in Saudi Arabia.



Al Rajhi has substantial interests, comprising investments in financial
services, infrastructure, telecoms, utilities, real estate; oil and gas. Key
investments include Bank Al Bilad, DanaGas, Saudi Telecom, and Saudi Cement.
Khalid al Rajhi, CEO of Al Rajhi, is a director of each of these companies.



Titan Wood Limited (www.titanwood.com) is a wholly owned subsidiary of the
Accsys Technologies PLC (www.accsysplc.com) group of companies. Accsys
Technologies PLC is listed on the London Stock Exchange AiM market under the
symbol 'AXS'.



Wood Acetylation is a process, which increases the amount of 'acetyl' molecules
in wood, thereby changing its physical properties. The process protects wood
from rot by making it 'inedible' to most micro-organisms and insects, without -
unlike conventional treatments - making it toxic. It also greatly reduces the
wood's tendency to swell and shrink, making it less prone to cracking and
ensuring that when painted it requires dramatically reduced maintenance.



AccoyaTM wood (www.accoya.info) is produced using a patented process that
effectively converts sustainably grown softwoods and non-durable hardwoods into
what is best described as a 'new wood species'. Distinguished by its durability,
dimensional stability and, perhaps most importantly of all, its reliability (in
terms of consistency of both supply and quality), AccoyaTM wood is particularly
suited to exterior applications where performance and appearance are valued.
Unlike most tropical and European hardwoods, its colour does not degrade when
exposed to ultraviolet light. Moreover, the AccoyaTM wood production process
does not compromise the wood's strength or machinability. The combination of UV
resistance, dimensional stability, durability and retained strength means that
AccoyaTM wood offers a wealth of new opportunities to architects, designers and
specifiers. For marine uses where weight is also important, AccoyaTM wood for
the first time provides boat builders with a wood that is strong, lightweight,
durable and which retains its natural beauty for far longer.



ACCOYA is a registered trademark owned by Titan Wood Limited


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