AGM Statement

Symphony Plastic Technologies PLC
14 July 2006



                        Symphony Plastic Technologies plc

                          Annual General Meeting Statement


Today at the Annual General Meeting of Symphony Plastic Technologies plc 
('Symphony'), Nirj Deva, Chairman, will make the following statement to
shareholders:



'The Board believes that Symphony has now started to turn the corner following
the successful defence of the legal challenge to our core business and
technology as well as continuing positive developments in the global markets for
our d2w plastic technology as generally reported on the 15th June 2006.



2005 was a challenging year but also a year of evolution in which a new and more
exciting strategy was implemented. We are becoming a more flexible business,
operating on lower cost and higher operating margins. It is no longer our main
focus to compete against the finished product suppliers and our new strategy
allows us to work in harmony with them.



The positive impact of this new strategy will begin to be reflected in the
results in the second half of 2006 and thereafter.



With many of the major distractions and problems of the past few years behind us
we are now in a position to develop all areas of the business, such as corporate
governance, unhindered. Further statements on these will be made in due course.


We look forward to exciting times ahead for 2006 and 2007'.


For more information, please contact:



Symphony Plastic Technologies Plc
Michael Laurier, CEO                        [phone]


Citigate Dewe Rogerson
Freida Moore / Ged Brumby                   [phone]



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

Further information on Symphony can be found at www.symphonyplastics.com and
www.degradable.net.



Ends.




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