Distribution Agreement

RNS Number:7900R
Symphony Plastic Technologies PLC
07 November 2003


For Immediate Release                                            7 November 2003



                       Symphony Plastic Technologies plc


                        Distribution Agreement - Brazil


Symphony Plastic Technologies plc ("Symphony"), the degradable plastics company,
is pleased to announce that it has entered into an exclusive 10 year agreement
with RES Brasil S/C LTDA ("RES"), to distribute its d2wTM totally degradable
products and additives throughout Brazil. This contract follows several months
of successful trials and negotiations for the general distribution, manufacture
and marketing of a wide range of totally degradable flexible polythene products.


RES, a Brazilian company, is a pioneer in South America in the manufacture and
commercialisation of biodegradable products associated with composting, water
solubility as well as other environmental solutions for the disposal of waste.


The agreement is for Symphony to supply RES with an unlimited amount of d2wTM
degradable additives to support the sub-licensing of several factories to
manufacture d2wTM branded finished products for use and distribution throughout
Brazil. The exclusivity is subject to a minimum volume of 25 tons of additive to
be purchased during 2004 (equivalent to approximately 850 tons of finished
products), rising to 100 tons (equivalent to 3400 tons of finished products) in
2005.


No minimum volumes are specified beyond 2005. The agreement consists of a
product purchase for Symphony's d2wTM additive and a royalty payment for the
finished products.


Commenting on the agreement, Eduardo Van Roost, Chief Executive of RES Brasil,
said:


"As pioneers in South America for degradable products, RES has begun to sign key
contracts with high quality companies in a number of sectors. We are extremely
pleased to be working with Symphony to create new degradable products in this
important area of environmental awareness."

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

"This is Symphony's second significant licensing contract and introduces the
company to one of the largest markets in the world. We are delighted to be
working with RES, which has already promoted d2wTM technology successfully 
during the past few months and major trials for a broad range of plastic
products are presently ongoing. Both RES and Symphony remain optimistic that
some major orders could result over the coming months."


For more information, please contact:
Michael Laurier                                              Tel: [phone]
Chief Executive Office, Symphony

Bobby Morse/Rebecca Skye Dietrich                            Tel: [phone]
Buchanan Communications







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