EGM Statement

Symphony Plastic Technologies PLC
31 March 2005



31st March 2005


                       SYMPHONY PLASTIC TECHNOLOGIES PLC

          Extraordinary General Meeting approves £1.7 million placing


The Company announces that at the extraordinary general meeting of the Company
held earlier today, the resolutions to authorise and empower the directors to
allot new ordinary shares were passed.


For further information, please contact:



Symphony                                         Tel: [phone]
Michael Laurier, Chief Executive
Ian Bristow


Citigate Dewe Rogerson                           Tel: [phone]
Patrick Toyne-Sewell
Ged Brumby


Ends



Information on Symphony:

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, d2w(R), allows plastic to
degrade, leaving only water, a minimal amount of carbon dioxide and trace
amounts of non-toxic biomass over a controlled time period. The current d2w(R)
product range now includes additives, carrier bags, refuse and waste sacks,
mailing wrap, stretch film, aprons, and packaging films.

Symphony has a strong blue-chip customer base in the UK and has successfully
established itself as an international business with agreements in Brazil,
Colombia, New Zealand, South Africa, the Caribbean and the Middle East. Further
information on Symphony can be found at www.degradable.net.





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