Sales Agreement

Symphony Plastic Technologies PLC 21 August 2006 Symphony Plastic Technologies plc North America Sales Symphony Plastic Technologies Plc ('Symphony' or the 'Company'), the degradable plastics company, is pleased to announce that Symphony's North American distributor, Degradable Polymer Products Inc., has reached agreement on a commission based, key customer relationship with Rand International Leisure Products Limited ('Rand'). Rand is a United States based corporation specialising in sales and market development in the US retail sector. Degradable Polymer Products Inc. has been working with Rand and its counterparts towards securing key customer approvals and recommendations and in order to incentivise Rand towards the achievement of particular sales objectives, and to secure Rand's ongoing support for Symphony's d2wTM business development, Symphony has today entered into an option agreement with Rand. Subject to the achievement of defined commercial requirements, Rand will be entitled to subscribe for up to 5,000,000 ordinary shares in the capital of Symphony at a price based on the quoted price for such shares at the time of exercise with a minimum subscription price of 12p per share. Other than in respect of the first 1,000,000 shares under option, the options granted by the agreement are subject to Symphony shareholders' approval at an extraordinary general meeting as well as being conditional upon Rand meeting specific criteria which will deliver substantial benefits and value both to Degradable Polymer Products Inc. and to Symphony. Symphony believes these arrangements are in the best interests of the Company and intend to work very closely with Degradable Polymer Products Inc., Rand and their counterparts to grow its revenues from North America. Roger McLelland, Chief Executive of Degradable Polymer Products Inc. said: 'We have worked closely with both Rand and Symphony and are delighted now to be in a position to make meaningful inroads into one of the biggest market sectors in North America. Rand's customer relationships will be of considerable value in our focused sales efforts.' Michael Laurier, Chief Executive of Symphony, said: 'We are delighted to have reached agreement with Degradable Polymer Products Inc and Rand and we firmly believe that this partnership has the potential to add very substantial value to the development of the North American market and in accelerating the worldwide trend towards the wider adoption of d2wTM totally degradable technology.' 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 Freida Moore Ged Brumby Further information on Symphony Plastic Technologies plc Symphony develops and supplies environmentally responsible pro-degradent additives as well as plastic packaging products. The Group's main technology, marketed under the d2wTM registered droplet trademark, causes 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 d2wTM product range includes pro-degradent additives developed for an increasing variety of applications as well as a range of finished flexible plastic products. 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. d2wTM products can already be found in more than 40 countries. Further information on Symphony can be found at www.symphonyplastics.com and www.degradable.net. This information is provided by RNS The company news service from the London Stock Exchange RUWANRNVRWAAR
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