Notice of EGM

TEG Environmental Plc
28 November 2006



For release                  7:00am                             28 November 2006


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


                                 Notice of EGM


          Proposed Change of Parent Company Name to The TEG Group PLC


Extraordinary General Meeting to be held at 9:00 am on Thursday, December 21st
2006 at Houston House, 12 Sceptre Court, Sceptre Point, Preston, PR5 6AW


TEG Environmental Plc ('TEG' or 'the Company'), the AIM-listed cutting edge
green technology company, which converts organic wastes into natural organic
fertiliser, gives notice of an Extraordinary General Meeting ('EGM') to be held
at 9:00 a.m. at TEG's offices in Preston on December 21st 2006.  The purpose of
the EGM is to consider a resolution to change the name of the Company.


The Board considers that in view of the Company's continued progress, it is
appropriate to complete the transition process begun in 2005 and put an
effective structure in place to ensure the company is both focused on
shareholder interests and strategic direction, as well as the important day to
day management of a technology and recycling business. To this end, the Board
intends to transfer the business and assets of the Company to an existing
subsidiary to look after the day to day interests of the business, while the PLC
Board continues to focus on the interests of the shareholders and the strategic
direction of the business as a whole, as well as monitoring and reviewing the
performance of the operating boards.


The Board is therefore proposing that as from January 1st 2007 the parent
company is renamed The TEG Group PLC, which will have two 100% owned
subsidiaries, TEG Environmental Ltd and The Natural Organic Fertiliser Company
Ltd.  TEG Environmental Ltd will become the principle operating company and the
Natural Organic Fertiliser Company Ltd will be 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] 7034 4758

Peter Binns/ Tarquin Edwards                 07768 392 582 / 07879 458 364



Cannacord Adams (Nomad)                  Tel : [phone]

Chris Bowman


Editor's Notes:


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.


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.



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