RNS Number:1111R
TEG Environmental Plc
12 September 2005



For Release                         7:00am                     12 September 2005


                            TEG ENVIRONMENTAL PLC

                        UPDATE RE #3.7M EQUITY ISSUE

   OFFER FOR SUBSCRIPTION OVERSUBSCRIBED AND SUCCESSFUL INSTITUTIONAL PLACING

The Company is pleased to announce that, further to the announcements of 18
August 2005 and 24 August 2005, it has received commitments from private
investors to subscribe for the 1,000,000 ordinary shares of the Company
available under the placing at a price of 37p per ordinary share. Application
will be made for these shares to be admitted to trading on AIM on or around 14th
September 2005.

The offer for subscription was over subscribed and shares will be allotted on a
pro-rata basis according to existing shareholding of the subscribing
shareholders.

The subscription for 1,000,000 private shares was in addition to a successful
institutional placing of 9,000,000 shares by Canaccord Capital (Europe) Limited,
nomad and broker to the Company, announced on 24 August 2005.

Michael Fishwick, TEG Environmental's Chief Executive, said: "The Company is
pleased to confirm it has exceeded its target for fundraising and is well funded
for the projects announced in recent months."


ENDS

+------------------------------------+------------------------------------+
|Contact:                            |                                    |
+------------------------------------+------------------------------------+
|TEG Environmental Group Plc         |01772 422 220                       |
+------------------------------------+------------------------------------+
|Michael Fishwick, Chief Executive   |                                    |
+------------------------------------+------------------------------------+
|                                    |                                    |
+------------------------------------+------------------------------------+
|Binns & Co PR Ltd                   |020 7786 9600                       |
+------------------------------------+------------------------------------+
|Peter Binns / Tarquin Edwards       |07768 392 582 / 07879 458 364       |
+------------------------------------+------------------------------------+
|                                    |                                    |
+------------------------------------+------------------------------------+

Editor's Notes:

TEG provides an in-vessel composting technology, which is one of the few
approved technologies capable of treating animal by-product waste. Plant
economics are 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 fertilizes, retains moisture, provides structure
and restricts weed growth. TEG's Silo-Cages will be housed in a self-contained
building, are not unsightly and are environmentally friendly.

Potential 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.



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