Change of Name

TEG Group (The) PLC
16 January 2007



Immediate release                                                16 January 2007


                          TEG ENVIRONMENTAL PLC (TEG)
                            ('TEG' or 'the Company')

               Change of Parent Company Name to The TEG Group PLC


TEG Environmental Plc ('TEG' or 'the Company'), the AIM-listed cutting edge
green technology company, announces that following all resolutions being passed
at its Extraordinary General Meeting held on December 21st 2006 and clearance
from Companies House, TEG Environmental Plc, as the parent company, will be
renamed The TEG Group PLC.

The change of name will take effect on the AIM market from today 16/01/07 and
the Company's ticker symbol (TEG) will remain unchanged.

The TEG Group PLC has two 100% owned subsidiaries, TEG Environmental Ltd and The
Natural Organic Fertiliser Company Ltd. TEG Environmental Ltd is the principle
operating company and the Natural Organic Fertiliser Company Ltd ('NOFCO') is a
marketing company, focused on the development of compost markets.



ENDS


Contact:


TEG Environmental Plc                        Tel: [phone]
Michael Fishwick, Chief Executive


Adventis Financial PR                        Tel: [phone]
Peter Binns/ Tarquin Edwards                 07768 392 582 / 07879 458 364


Cannacord Adams (Nomad)                      Tel : [phone]
Chris Bowman



Editor's Notes:


Natural Organic Fertiliser Company Ltd

NOFCO is a marketing company specialising in the development of end markets for
compost products, an important aspect of all plant developments and key to local
authority development. The company has an expertise in the development of
agricultural and horticultural markets and this capability is to be provided to
customers to enhance TEG's overall service offering.


The TEG Group PLC

TEG provides an in-vessel composting technology, which is one of the few
approved technologies capable of treating animal by-product (ABP) waste. Plant
economics are predominantly driven by the gate fees charged, rather than the
value of the end product (compost). The TEG process is an economic alternative
to landfill.


The Silo Cage system, one of the few technologies in Europe capable of treating
this waste, is a natural process producing compost as an end product, used as an
excellent soil conditioner that fertilises, retains moisture, provides structure
and reduces the incidence of plant disease. TEG's Silo-Cages are housed in
self-contained buildings, are not unsightly and are environmentally friendly.


Customers include local authorities, waste management companies, food
processors, farmers and landowners. The Company's expanding market is driven by
increasingly stringent EU and UK legislation regulating the treatment and
disposal of organic waste. Statutory targets for the diversion of waste from
landfill increase annually through to 2020, increasing TEG's market opportunity
year on year. The Waste Resource Action Programme estimates that 450 composting
plants will be needed by 2020 to satisfy local authority requirements alone, and
there is increasing demand from the private sector driven by ABP legislation.






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