Directors' Dealings

RNS Number:9546F
Polymer Logistics N.V.
18 October 2007


         POLYMER LOGISTICS N.V. ("POLYMER LOGISTICS" OR "THE COMPANY")

                              DIRECTORS' DEALINGS

                                      AND

                            SIGNIFICANT SHAREHOLDERS


Polymer Logistics announces that it has today received notice of the following
transactions involving directors of the Company and certain significant
shareholders, further details of which are set out below.


The transactions relate to certain legal transfers of shares in the Company held
by two companies, Polymer Logistics Holding Limited ("PLHL") and Omi Corporation
N.V. ("Olmi"), owned by and established by certain founders and Directors of
Polymer Logistics.


As disclosed in the Company's Admission Document dated 7 December 2006, the
majority of the founders and Directors' interests in shares in Polymer Logistics
are held by PLHL and Olmi and it has now been decided to wind up these companies
and transfer such interests directly into the names of their respective
shareholders.  The winding up of PLHL and Olmi has crystallised certain tax
liabilities and therefore certain founders and Directors have agreed to pledge
4,962,700 Ordinary Shares in aggregate to an Israeli bank, pursuant to loan
agreements entered into in order to fund these tax liabilities.  These transfers
and related pledges will not result in any change to the beneficial interests of
the Directors in the Company's shares.


In addition, 108,330 shares in the Company have been transferred by such
founders and Directors to a minority PLHL shareholder as part of a private
agreement, in consideration for waiver of certain option rights over shares in
PLHL.


The net effect of these transactions is that the beneficial interests of Gideon
Feiner, Zvi Yemini, Moshe Mizrahy and Aharon Eden in Polymer Logistics shares
have been reduced by, in aggregate, 108,330 Ordinary Shares, representing 0.1%
of Polymer Logistics' issued share capital.  Save as disclosed, there have been
no other changes to the beneficial interests of the Directors in the Company's
shares.


Transfers from PLHL and Olmi


The following significant shareholders, PLHL and Olmi, have today transferred
ordinary shares of Euro0.01 each in the Company ("Ordinary Shares") for nil
consideration (the "Disposals"):


Name                  Ordinary Shares            Ordinary Shares held       % voting rights attaching to
                      transferred                following transfer         Ordinary Shares

PLHL                  21,825,000                 0                          0

Olmi                  13,458,015                 0                          0



The Disposals were made to the beneficial shareholders of PLHL and Olmi,
including, inter alia, Gideon Feiner and Zvi Yemini, directors of the Company,
and certain other significant indirect beneficial shareholders in the Company
pursuant to proposals for the voluntary liquidation of PLHL and Olmi.  Pursuant
to the Disposals, Messrs Feiner, Yemini, Mizrahy and Eden (the majority
shareholders of PLHL and Olmi) have today entered into Deeds of Adherence to the
restrictions contained in the Lock-In Agreements entered into by PLHL and Olmi
at the time of the Company's IPO in December 2006 (the "Deeds of Adherence").


Pledges to Israeli bank


In connection with the Disposals, the Company has been notified that Messrs.
Feiner, Yemini and Eden have entered into loan agreements with an Israeli bank
(the "Bank") in order to fund certain tax liabilities arising upon the winding
up of PLHL and Olmi. In connection with such loans 4,962,700 Ordinary Shares
will bee pledged to the Bank (the "Pledges").  The consent of Collins Stewart
was obtained in connection with the Pledges, which was required under the terms
of the respective Deeds of Adherence.


Share Transfer to PLHL Minority Shareholder


Separately, the Company has also been notified today that Messrs Feiner, Yemini,
Mizrahy and Eden have entered into an agreement to transfer, in aggregate,
108,330 Ordinary Shares to a PLHL minority shareholder (the "PLHL Minority
Shareholder") in consideration for waiver of certain option rights over shares
in PLHL (the "Share Transfer"). Details of the interests of directors and
significant shareholders in Polymer Logistics shares following completion of the
Disposals, Pledges and Share Transfer are set out in the table below.  The
consent of Collins Stewart was obtained by Messrs Feiner, Yemini, Mizrahy and
Eden in connection with the Share Transfer, which was required under the terms
of the respective Deeds of Adherence.  As a condition to the Share Transfer, the
PLHL Minority Shareholder has today entered into a separate Deed of Adherence
pursuant to which he has agreed to be bound by the restrictions contained in the
PLHL Lock-In Agreement solely in respect of the 108,330 Ordinary Shares acquired
in connection with the Share Transfer.


Interests of Directors and Significant Shareholders


Following the completion of the above transactions, the interests of the
abovementioned directors and significant shareholders are as follows:


Name                  Ordinary Shares            Ordinary Shares held       % voting rights attaching to
                      transferred                following transfer         shares in the Company

Directors

Zvi Yemini            6,955,200                  7,135,290                  9.2%

Gideon Feiner         18,754,043                 20,077,043                 25.9%

Significant Shareholders

Moshe Mizrahy         2,751,803                  2,751,803                  3.6%

Aharon Eden           5,927,617                  5,927,617                  7.7%



The net effect of the above transactions is that the beneficial interests of
Messrs Feiner, Yemini, Mizrahy and Eden in Polymer Logistics shares have been
reduced by, in aggregate, 108,330 Ordinary Shares, representing 0.1% of Polymer
Logistics' issued share capital.  Save as disclosed, there have been no other
changes to the beneficial interests of the Directors in the Company's shares.



Ends


Enquiries:


Polymer Logistics N.V., Tel: [phone]

Gideon Feiner, Chief Executive Officer

Dana Gerner, Chief Financial Officer



Financial Dynamics, Tel: [phone]

Harriet Keen / Matt Dixon



Collins Stewart Europe Ltd, Tel: [phone]

Mark Connelly / Oliver Quarmby


Notes to Editors:


Polymer Logistics is a provider of sustainable 'one-touch' logistics solutions
to leading retailers and suppliers in the UK, Continental Europe and the US.


Polymer Logistics' Retail Ready Packaging (RRP) is designed to be 'display
ready' from factory to the point of sale. Consumers purchase directly from RRP
units in-store, with no requirement for retailers to unpack goods from the RRP
units onto the shelves.  The units are reusable, thereby reducing the
environmental impact due to the volume of waste created by disposable 'one-way'
packaging made out of timber or cardboard. In addition, Polymer Logistics' RRP
units are stackable and foldable and are designed to maximise the capacity of
delivery vehicles which reduces the number of trips required to be taken in the
logistics loop.


Polymer Logistics is based in The Netherlands with subsidiaries in the UK,
Israel and the US and branch offices in Spain and Italy.  Its principal
customers are located in the United Kingdom and Continental Europe.  The Group
has ongoing relationships with a number of blue chip retailers including Tesco,
Asda, and Sainsbury, as well as blue chip FMCG suppliers including Coca Cola
Enterprises Limited, Danone Waters, Britvic and Arla Food.



Polymer Logistics listed on the AIM market of the London Stock Exchange in
December 2006 and its ticker symbol is POLL.  For further information please
visit the company website, www.polymerlogistics.com



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            The company news service from the London Stock Exchange
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