Placing of Shares

Symphony Plastic Technologies PLC
16 November 2004



16th November 2004





                       Symphony Plastic Technologies PLC

                               Placing of Shares


Symphony Plastic Technologies, the degradable plastics company, announces that
it has placed 730,000 new ordinary shares of 1 pence each at a price of 13 pence
per share. The placee is a personal pension fund of an employee of the company.


Application has been made to admit the shares to trading on AIM and dealing is
expected to commence on Friday 19th November 2004.




For further information:
Symphony Plastic Technologies Plc
Ian Bristow, Finance Director                    [phone]



Durlacher Limited
Matthew Robinson / Marcus Jackson                [phone]



Citigate Dewe Rogerson
Victoria Brough / 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, d2wTM, allows 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 current d2wTM product
range now includes additives, carrier bags, refuse and waste sacks, mailing
wrap, stretch film, aprons, dog waste sacks and packaging films.



Symphony has a strong blue-chip customer base in the UK and has successfully
established itself as an international business after signing contracts with
companies 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