RNS Number:9972O
Symphony Plastic Technologies PLC
26 August 2003


For Immediate Release                                            26 August 2003



                     Symphony Plastic Technologies plc.

                          Distribution Agreement


Symphony Plastic Technologies plc ("Symphony" or "the Group"), the degradable
plastics company, is pleased to announce that it has entered into a product
supply agreement with CashBack Alliance.com Matrix, the product distribution arm
of CashBack Telecom, Inc..


The CashBack Alliance Matrix is a professional sales lead generation company
that specializes in developing and marketing its own proprietary hybrid sales
lead generation technology, also known as viral matrix marketing technology.


The agreement is for Symphony to supply d2wTM branded totally degradable
polythene products (including refuse sacks and carrier bags) to CashBack
Alliance.com, who will then sell the product directly into the Canadian and US
markets. The agreement stipulates a minimum sales volume to be achieved by the
31st December 2004 of at least US$450,000 per month, increasing to US$1.5m per
month of product by 31st December 2005. This is the first major agreement for
Symphony since the cancellation of its agreement to purchase the degradable
additive from EPI. Symphony now has no constraints on selling its degradable
products and/or additives anywhere in the world.


Commenting on the agreement, Michael Laurier, Chief Executive of Symphony, said:

"We expect the deal with CashBack Alliance.com to be one of many future
transactions of this kind. Symphony is now receiving serious interest from many
potential customers throughout the world. We are particularly pleased to enter
the Canadian and US markets with a dynamic partner, and look forward to making
further progress in providing a fully degradable solution to one of the worlds
largest markets for the consumption of plastic products."



Robert Stewart, VP, Business Development of CashBack Alliance.com, also added:


"We're very excited about working with Symphony. We intend to leverage a 30 seat
call centre to begin calling on major retail accounts as well as distributors in
North America. We also intend to leverage our software technology and
relationships with network marketing companies to reward resellers for purchases
and referrals resulting in purchases."



For more information, please contact:

Michael Laurier                                 Tel: 020 8207 5900
Chief Executive Officer, Symphony

Bobby Morse/Rebecca Sky Dietrich                Tel: 020 7466 5000
Buchanan Communications

Precana Thompson                                Tel : 1 (416) 646-2313
CashBack Alliance.com,
A Matrix Investment




                      This information is provided by RNS
            The company news service from the London Stock Exchange

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