RNS Number:8236S
Symphony Plastic Technologies PLC
04 December 2003

For Immediate Release                                            4 December 2003

                       Symphony Plastic Technologies plc

                      Distribution Agreement - New Zealand


Symphony Plastic Technologies plc ("Symphony"), the degradable plastics company,
is pleased to announce that it has entered into a 5 year exclusive distribution
agreement with Eco-Pal Limited ("EPL"), to distribute its d2wTM totally
degradable products and additives throughout New Zealand.


EPL has established supply agreements with some major retailers in New Zealand
and already has a range of Symphony's d2wTM totally degradable products
positioned in various market sectors under their Eco-Pal brand.


The agreement covers the general distribution, manufacture and marketing of a
wide range of totally degradable flexible polythene products for New Zealand.
Products will be manufactured locally and also imported through Symphony's
existing manufacturing infrastructure.


The agreement is for Symphony to supply EPL with an unlimited amount of d2wTM
degradable products and additives to support the distribution and sub-licensing
of d2wTM/Eco-Pal branded finished products for the New Zealand market. The
exclusivity is subject to a minimum product purchase value of US$1 million for
2004 and US$2.6 million for 2005 and for considerably higher values for each
subsequent year.


Commenting on the agreement, John Fell, Managing Director of Eco-Pal, New
Zealand, said:


"We are excited to be working with Symphony to market this environmentally
responsible product in New Zealand and initial sales have been particularly
encouraging. While we looked at Asian and North American technologies, we
settled with Symphony as their technology and competitiveness in this area best
meets our criteria. With a population of only 3 million, New Zealand uses 2.88
million bags per day, and most New Zealanders think that this is 2.88 million
reasons to go degradable."

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

"This is another value distribution contract which strategically further
strengthens the diversity of our market position. We are delighted to be working
with EPL, who has successfully sold a substantial volume of consumer and non
consumer products over the past few months. Both EPL and Symphony are confident
that the market for its product will rapidly develop as a result of increasing
environmental pressures."


For more information, please contact:
Michael Laurier                                              Tel: 020 8207 5900
Chief Executive, Symphony

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


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

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