Issue of Equity & EGM Notice

Symphony Environmental Tech. PLC
04 December 2007

                                           



                    SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC

      Placing of 14 million Ordinary Shares to Ethical Fund - Hunter Hall
                                   EGM Notice

Symphony Environmental Technologies Plc ('Symphony' or 'the Company'), the
degradable plastics and waste-to-energy Group, is pleased to announce a placing
of up to 14,000,000 new ordinary shares in Symphony with Hunter Hall's unit
trusts, including the recently launched Global Deep Green Trust ('Hunter Hall'),
at a price of 5p per ordinary share, the gross proceeds of which will be up to
£700,000. Seven million of these new ordinary shares will be issued and allotted
at 5p per ordinary share to Hunter Hall on 5th December 2007 and, subject to
shareholder approval at an Extraordinary General Meeting of the Company, a
further seven million ordinary shares at 5p per share are to be issued and
allotted on 28th December 2007.

Hunter Hall is a leading international ethical fund manager, based in Australia,
with $AUD 2.8 billion under management. The Hunter Hall Global Deep Green Trust
implements its positive ethical investment policy by investing only in companies
which make a positive impact on environmental, humanitarian, social, and
sustainability issues. In addition, it excludes investment in countries which
support commercial whaling and donates one third of management fees to charity,
including projects which support biodiversity.

Hunter Hall's Executive Chairman, Peter MacDonald Hall, said today: 'We are
investing in Symphony because we want to see its cost-effective degradable
plastic technology used to reduce the appalling problem of plastic waste which
floats on the oceans and pollutes the rivers, fields and streets of the world.
We also support the work it is doing in the field of waste-to-energy.

Our generation of humanity has the responsibility to take up the struggle to
understand the issues and to use our rationality to change human behaviour to
re-create a sustainable and balanced world.'

Symphony's Chief Executive, Michael Laurier, said 'Hunter Hall's investment will
enable Symphony to progress rapidly our plans for research and development, for
expansion of our international network, and for strengthening the financial and
administrative base of the Group.

The source of the investment is just as important as the funds themselves. We
are much encouraged that a major ethical investment fund with a commitment to
the environment has chosen to invest in Symphony.'

If the Placing is completed in full, Hunter Hall will hold 19,036,217 ordinary
shares (5,036,217 million ordinary shares having already been bought on the
market). Their total shareholding will represent 19.13% of the Company's
enlarged issued share capital.

The new ordinary shares to be issued pursuant to the Placing are conditional
upon Admission and, in the case of the second tranche of seven million ordinary
shares, upon certain authorities required to enable the Board to issue and allot
the new ordinary shares pursuant to the Placing being approved by shareholders
at an Extraordinary General Meeting ('EGM').

The new ordinary shares will rank in full for all dividends or other
distributions hereafter declared, made or paid on the ordinary share capital of
the Company and will rank pari passu in all other respects with all other
ordinary shares in issue

Application will be made to the London Stock Exchange for the new ordinary
shares to be admitted to trading on AIM. It is expected that in the case of the
first seven million new ordinary shares, admission will be effective and that
dealings in such shares on AIM will commence on 7 December 2007 and, in the case
of the second tranche of seven million new ordinary shares, admission will be
effective and that dealings will commence on 31 December 2007.


                                      EGM

Notice is given today to convene an Extraordinary General Meeting of the Members
of Symphony on 28 December 2007 at 9.00am at Elstree House, Elstree Way,
Borehamwood, Hertfordshire, WD6 1LE, to approve certain authorities required to
enable the Board to issue and allot the new ordinary shares pursuant to the
Placing and to approve the issue of 10 million ordinary shares for the
Directors' share option programme announced on 26th November 2007.


For further information, please contact:

Symphony
Michael Laurier, CEO                      Tel: [phone]

Ian Bristow, FD

HB Corporate
Rod Venables                              Tel: [phone]



Further information on the Symphony Environmental Technologies Group of
companies:

SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC is a world leader in oxo-biodegradable
plastic technology. The technology is recognised by the d2w(R) droplet logo on
thousands of tonnes of oxo-biodegradable plastic products. Symphony develops and
supplies environmentally-responsible d2w(R) pro-degradant additives as well as
d2w(R) oxo-biodegradable plastic film, and rigid packaging products.

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

Symphony is also developing innovative waste-to-energy technology and is
exploring opportunities where there is a demand to convert plastics, tyres and
other waste streams into valuable products by cost effective processes.

Further information on the Symphony Group can be found at
www.symphonyplastics.com and www.degradable.net and on Hunter Hall at
www.hunterhall.com.au




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