Successful Court Case

Symphony Plastic Technologies PLC 21 December 2004 21st December 2004 Symphony Plastic Technologies plc Successful Court Judgement Symphony Plastic Technologies plc ('Symphony'), the degradable plastics company, announces that the judgement in the case brought by EPI Environmental Products Inc ('EPI') against Symphony has now been handed down by the High Court in London. The most important claim by far, that Symphony copied EPI's technology, was dismissed entirely, together with all but two of the other claims which were made. This leaves Symphony free to continue to exploit its own technology worldwide. Of a total of eleven claims brought, two lesser claims were upheld, one relating to the return of documents will result in only nominal damages of £2, and the other, principally relating to the use of stock, remains to be assessed by the Court. Symphony does not anticipate that this will result in a significant amount becoming payable. EPI was ordered to pay 85% of Symphony's cost on the standard basis. Michael Laurier, Chief Executive, said: 'The very favourable conclusions of the Court mark a very welcome end to months of uncertainty. We are grateful for the loyalty and support of our many friends, customers and shareholders during this trying time. We are delighted with this outcome and look forward with renewed enthusiasm to taking our business forward in the light of this clear and positive verdict' For further information: Symphony Plastic Technologies plc Michael Laurier, Chief Executive +44 (0) 20 8207 5900 Durlacher Limited Matthew Robinson / Marcus Jackson +44 (0) 20 7459 3600 Citigate Dewe Rogerson Patrick Toyne Sewell / Ged Brumby +44 (0) 20 7638 9571 Further information on Symphony Plastic Technologies plc 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 short time period. The current d2w(R) product range now includes additives, carrier bags, refuse and waste sacks, mailing wrap, stretch film, aprons, dog waste sacks and packaging films. Symphony has a strong blue-chip customer base in the UK and has successfully established itself as an international business after signing contracts with companies in Brazil, Canada & USA, New Zealand, South Africa, the Caribbean and the Middle East. Further information on Symphony can be found at www.degradable.net. This information is provided by RNS The company news service from the London Stock Exchange
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