Notice of EGM

Symphony Plastic Technologies PLC
06 February 2007

                       SYMPHONY PLASTIC TECHNOLOGIES PLC

                   Conditional £1.4 million Share Placing and
                Notice of Extraordinary General Meeting ('EGM')

Symphony Plastic Technologies Plc ('Symphony' or the 'Group'), the degradable
plastics and waste-to-energy company, announces a conditional placing of
14,085,000 shares at 10 pence ('Proposed Placing'), EGM notice and proposed
change of name.

Reasons for the Proposed Placing

Symphony has raised £1.4 million in a placing of 14,085,000 shares at 10 pence
subject to approval at EGM.  The Board of Symphony believe that it is in the
best interest of the Company and its shareholders to replace part of its
overseas finance facilities and other loans and to further invest in the
enhancement of sales and marketing, R & D facilities and technical support
services.

Michael Laurier, chief executive officer has purchased 500,000 new ordinary
shares, Matthew Turner, managing director, has purchased 50,000 new ordinary
shares and Ian Bristow, finance director has purchased 50,000 new ordinary
shares as part of the Proposed Placing.

Following the Proposed Placing, the directors have the following interest in the
share capital of the Company:

Michael Laurier            12.18%
Matthew Turner             0.36%
Ian Bristow                1.05%
Michael Stephens           0.28%
Nirj Deva                  0.02%

The Group anticipates trading in 2007 will be ahead of 2006 and also expects to
see maiden revenues from Symphony Energy Resources in the field of tyre and
plastic recycling. The Group expects sales for 2006 to be in the region of
£4.3m.

Extraordinary General Meeting

Symphony is holding an EGM at 9:00 am on Tuesday, 27 February 2007, at Elstree
House, Elstree Way, Borehamwood, Hertfordshire WD6 1LE. The purpose of the
meeting is, inter alia, to provide the directors with the necessary authorities
in relation to the Proposed Placing of 14,085,000 new ordinary shares of 1p
each, at a placing price of 10p each, in the capital of the Company ('New
Ordinary Shares'), ranking pari passu in all respects with the existing issued
ordinary shares in the capital of the Company.  Application will be made for all
such New Ordinary Shares, once issued and allotted, to be admitted to trading on
AIM.

Shareholder approval is also sought to change the Company's name to 'Symphony
Environmental Technologies Plc.', to better reflect the nature of Symphony's
business. This reinforces the Company's commitment to the development of
environmental technology solutions including oxo-degradable technology and waste
to energy systems.

For further information, please contact:

Symphony                                           Tel: [phone]
Michael Laurier, CEO
Ian Bristow, FD

Panmure Gordon & Co                                Tel: [phone]
Andrew Godber

Citigate Dewe Rogerson                             Tel: [phone]
Ged Brumby


Further information on Symphony Plastic Technologies plc:

Symphony develops and supplies environmentally responsible pro-degradent
additives as well as plastic packaging products. The Group's main technology,
marketed under the d2wTM registered trademark, causes 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 d2wTM product range includes
pro-degradent additives developed for an increasing variety of applications as
well as a range of finished flexible plastic products.

Symphony has a diverse and growing customer base in the UK and is establishing
itself as an international business with distribution agreements in Argentina,
Brazil, Canada & USA, Chile, Colombia, India, Mexico, New Zealand, Peru,
Portugal, South Africa, the Caribbean, Saudi Arabia, and Qatar.  d2wTM products
can be found in more than 40 countries.

Symphony is marketing and developing innovative waste-to-energy technology
processing plants and is exploring various opportunities where there is a demand
to increase recycling of waste plastics, tyres and other waste streams by cost
effective processes.

Further information on Symphony 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