AGM Statement

Symphony Environmental Tech. PLC
27 July 2007



                        Annual General Meeting Statement


At the Annual General Meeting ('AGM') being held this morning, Nirj Deva,
Chairman of Symphony, will make the following statement to shareholders:


'As I reported on 27th June, the business has been going through difficult and
changing times, but decisive action has been taken as from 3 April 2007. I would
like to report on sales for the first six months of the year.


Sales for the half year to 30 June 2007 were £1.70 million versus £2.35 million
for the same period last year. This is because (as already indicated to the
market) the company has moved from high-turnover/low margin sales of plastic
products to higher margin sales of d2w additives, with volumes now increasing.


Non-degradable sales fell from £1.18 million to £0.47 million, but importantly
the sales of d2w degradable additive grew by 16% compared with the first half of
2006.


Within the half year period of 2007, overall sales in quarter two were £0.97
million versus £0.73 million in quarter one, - an increase of 33%.  In the
second quarter, d2w additive sales grew by no less than 45% from £0.17 million
in quarter one to £0.25 million.


The Waste-to-energy business, though small as yet, continues to make encouraging
progress.


Costs have been substantially reduced without adversely affecting the
performance of the business or its investment for the future.


We are working hard to establish a firm financial and business footing during
the second half of the year together with developing and driving our d2w sales
and waste-to-energy technologies forward. We are encouraged by current activity
within the business and with our global distributorships.  We have built an
expanding network of distributors around the world in five continents, who are
introducing many millions of people to a diverse range of d2w degradable
products.



We still have a lot of work to do, but I am encouraged by progress so far.'


Symphony Environmental Technologies
Michael Laurier, Group Chief Executive                      Tel: [phone]
Ian Bristow, Finance Director



Citigate Dewe Rogerson
Freida Moore                                                Tel: [phone]
Ged Brumby


Further information on the Symphony Environmental Technologies Group of
companies:



SYMPHONY ENVIRONMENTAL LTD is a world leader in oxo-biodegradable plastics.  It
develops and supplies environmentally-responsible pro-degradant additives as
well as oxo-biodegradable plastic film, and rigid packaging products.



SYMPHONY ENERGY RESOURCES LTD. is developing innovative waste-to-energy
technology processing plants and is exploring many opportunities where there is
a demand to convert plastics, tyres and other waste streams into valuable
products by cost effective processes.



SYMPHONY PLASTICS LTD has for many years supplied a very popular range of
conventional plastic bags and other plastic packaging products.



THE SYMPHONY GROUP has a diverse and growing customer base in the UK and has
successfully established itself as an international business after signing
agreements with companies in Argentina, Brazil, Canada & USA, Chile, Colombia,
France, India, Mexico, New Zealand, Peru, Portugal, South Africa, the Caribbean,
Saudi Arabia, and Qatar.  Its d2w(R) products can already be found in more than
50 countries.




Further information on the Symphony Group 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