Caribbean Sales Update

Symphony Plastic Technologies PLC 22 May 2006 Symphony Plastic Technologies plc Caribbean Sales Symphony Plastic Technologies Plc ('Symphony'), the degradable plastics company, is pleased to announce confirmation of sales through its exclusive distributor, Caribbean Environmental Protection Inc. (CEPI), to a number of new customers in the Caribbean in line with its Preliminary Results statement of the 27th April 2006. Initial bank facilities for CEPI have recently been approved to support new orders in the Caribbean region which are expected to exceed US$4 million in sales for Symphony in a full financial year. Michael Laurier, Chief Executive, said: 'This further expansion of our Caribbean sales extends the reach of our d2w(R) brand in the region. We believe that demand for our products will continue to grow as the fragile environment and regional economies demand a practical and commercially viable solution to the persistent problem of plastic pollution.' For further information, please contact: Symphony Tel: 020 8207 5900 Michael Laurier, CEO Ian Bristow, FD Panmure Gordon & Co Tel: 020 7614 8385 Andrew Godber Citigate Dewe Rogerson Tel: 020 7638 9571 Patrick Toyne-Sewell Ged Brumby Further information on Symphony Plastic Technologies plc: Symphony develops and supplies environmentally responsible plastic packaging products and additives, which are distributed primarily to the retail, local authority and health related sectors. The Group's main technology, d2w(R), 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 d2w (R) product range now includes additives, carrier bags, refuse sacks, mailing wrap, stretch film, and packaging films. Symphony has a diverse customer base in the UK and has successfully established itself as an international business after signing distribution agreements with companies in Brazil, Canada & USA, India, New Zealand, South Africa, the Caribbean, Saudi Arabia, Colombia and Qatar. d2w(R) products can now be found in more than 40 countries. Further information on Symphony can be found at www.symphonyplastics.com and www.degradable.net. End This information is provided by RNS The company news service from the London Stock Exchange
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