Trading Statement

Symphony Plastic Technologies PLC
20 January 2005







For Immediate Release                                        20 January 2005



                       Symphony Plastic Technologies plc



                          Pre-Close Trading Statement


Symphony Plastic Technologies plc ('Symphony' or the 'Group'), the degradable
plastics company, will be announcing its preliminary results for the year ended
31 December 2004 on 23rd March 2005. Sales for the year were approximately £8.9
million (2003: £7.6 million) up by 17% on the previous year.


As indicated at the interims, the results for the second half of the year will
show reduced gross profits and losses exceeding current analyst expectations due
to the recent exceptional worldwide raw material price rises against the Group's
fixed price contracts. The management of Symphony has re-negotiated many of its
contracts and has, where possible, mitigated this for the future.


As announced on the 21st December 2004, the High Court dismissed the main claims
made by EPI. This positive judgement has left Symphony free to continue to
exploit its own technology worldwide and is allowing discussions to open up more
freely with potential customers at the start of 2005.



Current Trading



Gross margins have been restored as a result of the above actions. Investment
has been made in supply chain and corporate marketing activities but with the
intention of keeping overhead costs substantively in line with last year.



International market opportunities are continuing to increase primarily due to
the growing demand for eco-friendly degradable plastics and also to Governmental
pressure. The Group has recently completed significant distribution agreements
for Saudi Arabia and Columbia which further extends the territorial reach of the
d2w(R) range of products. The increasing number of product sectors and markets
in which the Group operates will both increase its overall potential and avoid
dependence on any one market.


Board Changes

Michael Stephens has today stepped down from the Board, though remaining an
operational director of Group subsidiary Companies and continuing to lead the
Group's technical support and development.


For further information:



Symphony Plastic Technologies Plc

Michael Laurier CEO

Ian Bristow, Finance Director                           [phone]



Durlacher Limited

Matthew Robinson / Marcus Jackson                       [phone]



Citigate Dewe Rogerson

Patrick Toyne-Sewell / Ged Brumby                       [phone]


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 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,
Canada & USA, New Zealand, South Africa, the Caribbean and the Middle East.
Further information on Symphony can be found at www.degradable.net.
Ends.




                      This information is provided by RNS
            The company news service from the London Stock Exchange