AIM Admission

Accsys Technologies PLC
26 October 2005


26 October 2005

AIM: AXS


                          Placing and Admission to AIM

Accsys Technologies PLC ('Accsys' or 'the Company') was today admitted to
trading on AIM following a Placing of 27 million new Ordinary Shares at a price
of €1.00 per Share to raise €27m before expenses.  Collins Stewart Limited is
acting as both Nominated Adviser and Broker.

Key statistics

Placing Price                                                                                        €1.00 (69p)
Number of Placing Shares                                                                              27,000,000
Number of Ordinary Shares in issue immediately following the Admission*                                   132.5m
Percentage of Enlarged Share Capital attributable to the Placing                                             20%
Market Capitalisation of the Company at the Placing Price on Admission*                           €132.5m (£90m)
Gross proceeds of the Placing                                                                        €27m (£18m)
Estimated net proceeds of the Placing receivable by the Company                                      €25m (£17m)

*and completion of compulsory acquisition of Accsys Chemicals PLC



On Admission, Shareholders with a disclosable interest in the Company were:
                                                                                            Shares On Listing
                                                                                         Number               %
STG Holdings PLC                                                                      20,000000            15.1

General Mediterranean Holdings SA                                                     9,634,307             7.3
Wenco Limited                                                                         8,271,220             6.2
GAM Euro Select Hedge Investments Inc.                                                6,650,000             5.0
Framlington Investment Management Limited                                             6,500,000             4.9



Accsys (www.accsysplc.com) is an environmental science and technology company
whose most advanced intellectual property is a process which effectively
converts softwoods and non-durable hardwoods into an environmentally compatible
'new wood species'.  This new type of wood, which has been branded 'AccoyaTM' by
the Company, has performance attributes similar to the best tropical hardwoods
and superior to many artificial material alternatives.

Growing concerns about the destruction of tropical rainforests, a declining
world stock of high quality timber and increasingly restrictive government
regulations regarding the use of wood treated using toxic chemicals have created
an exceptional market opportunity for the Company.  Accsys believes that its
technology will transform the use of wood in existing applications where
durability and dimensional stability are valued, both halting the decline in the
use of wood in outdoor applications and substituting plastics and metals.
Accsys also expects to create entirely new product opportunities for wood in
applications which are presently entirely the preserve of unsustainable
materials.

Wood acetylation is a process which increases the amount of 'acetyl' molecules
in wood, thereby changing its physical properties.  The process protects wood
from rot by making it 'inedible' to most micro-organisms and insects, without -
unlike conventional treatments - making it toxic.  It also greatly reduces the
wood's tendency to swell and shrink, making it less prone to cracking and
ensuring that when painted it requires dramatically reduced maintenance.  In
terms of these attributes, Accoya matches or exceeds the performance of the very
best tropical hardwoods and is ideally suited to use in external applications
including doors, windows, decking and cladding, garden furniture and freshwater
marine applications such as canal linings.  Accoya offers:
     
•    greatly improved durability (up to 'Class 1' - the best available);

•    greatly improved dimensional stability (c.70% less swelling or shrinkage 
     compared to untreated wood when used in climate exposed conditions);
     
•    full retention of the source wood's strength or hardness;

•    a completely non-toxic and 100% recyclable alternative to treated woods, 
     plastics, metals, tropical woods or composite materials; and

•    a product that uses faster-growing wood species sourced from sustainable 
     forests and plantations.

Focusing on the most developed markets of Western Europe and North America, the
Directors expect that over a 10 year period a licensing volume for Accoya in the
region of 1-1.5 million m3 is possible, while globally volumes could be more
than double over a 20 year period.

The Directors believe that wood acetylation will form the Company's focus in the
short to medium term with the business plan forecasting strong growth in the
next few years.  This business is being pursued by Accsys' subsidiary Titan Wood
BV (www.titanwood.com), which operates a large-scale pilot plant in Arnhem, the
Netherlands.  This plant is presently being used to supply test material to
customers and potential licensees across the world.  Accsys owns the rights to a
number of processes, including high temperature cracking and cellulose
modification.  These other proprietary technologies are the responsibility of
its International Chemical Company ('ICC') subsidiary.  Accsys' core
technologies have either existing patent protection or pending patent
applications.  Accsys is focusing its energies on the launch of its Titan Wood
business: once this business has been established, the Directors intend to
pursue other technologies within its portfolio.

The Group's first full-scale production facility, located in Arnhem, the
Netherlands, and designed to produce 30,000 m3 cubic metres of Accoya per year,
is now under construction and scheduled to be mechanically completed and ready
for commissioning in Summer 2006.  This plant is intended to provide full-scale
technology validation, a showcase for potential licensees and generate an
operating profit in its own right.

William Paterson-Brown, Executive Chairman of Accsys, said 'We are delighted to
have been admitted to trading on AIM as it provides greater liquidity,
visibility and a broader shareholder base.  Admission to AIM has been an
integral part of our plans to bring Accoya to the widest possible audience and
we look to the future with excitement and confidence.'



ENDS



For further information, please contact:

Accsys Technologies PLC       William Paterson-Brown,       [phone]
                              Executive Chairman
Collins Stewart Limited       Andrew Smith/Martin Eales     [phone]
Parkgreen Communications      Simon Robinson/Ana Ribeiro    [phone]




NOTES TO EDITORS

ICC Technologies

High Temperature Cracking - cracking involves the breaking down of large
molecules into more useful smaller molecules using in this case high
temperatures. Whilst this technology is applied to a wide range of chemical
processes, ICC is presently focused on the conversion of acetic acid into acetic
anhydride;

Cellulose Modification - this involves reacting certain types of chemical with
cellulose molecules usually derived from wood or cotton pulp. ICC's technology
has been particularly applied to the reaction of cellulose with acetic
anhydride, a process called acetylation. The eventual output is cellulose
di-acetate flake, a non-toxic material which is used in a variety of
applications, such as filters and film coatings.


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

MSCPKPKBFBDDBKB