AGM Statement

RNS Number:7258A
3DM Worldwide PLC
24 July 2007

For Immediate Release: 7am - Tuesday 24th July 2007



                               3DM Worldwide plc
                            ("3DM" or the "Company")



AGM Statement


At today's Annual General Meeting the Chief Executive, Niall MacKay, will make
the following statement:


"Commercial interest in the Powder Impression Moulding (PIM) process has
accelerated over the course of the last 12 months and particularly since the
beginning of 2007 with the heightened public interest in the environment,
climate change and recycling.


There are a number of prospects which we hope will mature in the short term:


Eco Sheet, the award wining product produced from mixed recycled plastics
developed in conjunction with Bovis Lend Lease, has not only proven the
commercial viability of the PIM process but has generated significant interest.
The numerous enquiries we have received indicate a strong demand for the product
in the United Kingdom (UK).  Negotiations with Express Recycling and Plastics
for the UK product rights are on track subject to them confirming availability
of funding.


The DTI funded project in the UK in conjunction with Tesco and Bovis Lend Lease
continues to move forward to plan.  Tesco have identified a range of potential
products to be developed.  The first draw down of funding from the DTI is
expected to be made in September of this year.


The Kenyan and Hungarian projects continue to progress satisfactorily.  The
Company is awaiting further news from the Tanzanian Government on the
application for funding of a recycling project in Tanzania.


The Mediwall project to develop panels for the installation of ensuite
facilities into buildings in the health care sector announced on 9th July, 2007
has commenced and initial funding has been received.


The St James Marine project in the USA to develop barge covers has progressed on
plan to the half way stage.  The project requires the use of the largest tool
ever made for a plastics process to produce the nine parts that form the 200
foot by 35 foot barge hatch covers.


In the medium term, the following projects and opportunities are expected to
develop:


Panel and sheet products for internal use have generated interest from several
major players in the construction industry.  These products range from the
Mediwall project for specialist panels for the health care sector to replacement
plaster board and fibreboard products for specialist applications.  Discussions
are at an early stage with a number of potential licensees.


The USCAR project to encapsulate components using the PIM process to reduce
vehicle weight and reduce assembly costs continues to progress satisfactorily
with GTI having received a purchase order for $400,000 for the manufacture of
moulds.  As previously announced, whilst 3DM will not receive any income from
the development of these moulds, should this lead to commercialisation, 3DM will
benefit from royalties on subsequent sales.


Also in the USA, the initial tests and research into producing anti-ballistic
components for the Kelly Aerospace project have been completed with promising
results.


Looking further ahead, there are a number of exciting projects currently
underway, including:


The US Department of Housing and Urban Development (HUD) has approved a plastic
cement encapsulation process for producing homes.  The US Department of
Agriculture has also approved the process for farm and rural buildings.  The
client intends to use this process to erect 2 houses for testing.


The Company intends to initiate further applications for European Union funding
for plastic recycling projects in Europe in 2008.


A licensing agreement has been reached with Eko Tek Products Ltd. (Eko Tek) a
newly formed company, of which I am a director, is looking to exploit a range of
polymer related products.  The licence provides for non-exclusive development
and manufacture for PIM products using a combination of polymer and organic
fibres, such as wood flour.  Eko Tek has been granted an option for exclusivity
on payment of licence fees on a territory by territory basis.  In addition, the
licence allows for Eko Tek to produce a range of slot together furniture and PIM
products utilising anti-pollution coatings.  In consideration for the licence,
3DM will receive 30% of all licence and royalty revenues generated by Eko Tek
from the use of the PIM process.  3DM will also receive a royalty from the
direct manufacture of PIM products by Eko Tek.


The restructuring of the Company at the end of 2006 has put the business on a
much stronger footing, both simplifying the business model and significantly
reducing overheads.  This has been achieved while maintaining the ability to
demonstrate the process to potential clients and offer product development
services through our close working relationship with Environmental Polymer
Technologies Limited (EPT).


The signing of the collaboration agreement with Arup earlier this year is a
major milestone in the development of the Company.  The relationship with Arup
provides global access to a wide range of technical expertise and will allow 3DM
to draw in resources on a project by project basis.  This avoids the necessity
of carrying expensive on going overheads to underpin the successful delivery of
the turnkey projects offered to clients and provides 3DM with a highly flexible
business model.


In line with the Company's stated aim to simplify the business model, 3DM has
disposed of its interests in Medical Waste Solutions for a consideration of
#75,000.


With the increased focus on how to address the legacy of waste plastics in an
environmentally friendly manner, particularly across Europe, the Board will look
to further exploit the environmental credentials of the PIM process by focusing
the business strategy on the use of recycled polymers.


Both the level of commercial enquiries and the resultant breadth of applications
for the PIM process are particularly encouraging. The Board remains confident of
further contract wins over the course of the remaining months of this year."



                                   ---ENDS---



For Further Enquiries:

Niall Mackay, CEO 3DM Worldwide plc                     020 7692 7002


Distributed by GTH Media Relations                      020 7153 8035




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