Trading Update

Symphony Plastic Technologies PLC
13 October 2006

                           Trading Update and Placing

Symphony Plastic Technologies Plc ('Symphony' or the 'Group'), the degradable
plastics and waste-to-energy company, is pleased to announce that following the
recent interim results reported on Monday 25 September the Group is strongly
anticipating a move into profitability from quarter four of this year. This
confidence is driven by a sharp increase in received orders for the latter part
of the year.

The Group would also like to announce final settlement on the repayment of costs
in relation to the court case with EPI. The final cost agreed to be repaid to
Symphony is to be in excess of £300,000. This is in addition to the £600,000
already received earlier this year. All matters surrounding the litigation have
now been concluded.

The Group has also placed 6,300,000 ordinary 1 penny shares ('new ordinary
shares') at a price of 10 pence each in order to strengthen the balance sheet,
improve cash flow and start the initial investment phase on the waste-to-energy
project. Matthew Turner, managing director, has purchased 250,000 new ordinary
shares as part of the placing.

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

Michael Laurier      13.74%
Matthew Turner        0.36%
Ian Bristow           1.15%
Nirj Deva             0.03%

Application has been made for the new ordinary shares, which will rank pari
passu with the existing shares in issue, to be admitted to trading on AIM, and
admission is expected to become effective on 19 October 2006.

Michael Laurier, Chief Executive, said:

'The business is moving forward progressively and the increase in forward orders
resulting in the Group anticipating profitability in the near future is
encouraging.

We are also delighted to announce the conclusion of the litigation with EPI
allowing the business to move into 2007 free from the legal constraints that
have hindered the Group for so long.

We look forward to the future with confidence'


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]
Frieda Moore
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 d2w(R) 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 d2w(R) 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 has successfully
established itself as an international business after signing distribution
agreements with companies in Argentina, Brazil, Canada & USA, Chile, Colombia,
India, Mexico, New Zealand, Peru, Portugal, South Africa, the Caribbean, Saudi
Arabia, and Qatar. d2w(R) products can already be found in more than 40
countries.

Symphony is now 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