From earlier this year.



"The fund raise significantly strengthens Symphony's balance sheet and will
allow us to maintain the quantum growth we have enjoyed over the past few
months. We are now receiving significant interest from a variety of sectors in
our degradable solution to the problems associated with plastic waste and,
following this strengthening of our resources, we are in a much stronger
position to meet the considerable demand for our products."




This last statement shows that corporations are looking seriously at Symphonys products. Yesterdays announcement shows a real coup for the company, as they have walked away from a potential exclusivity contract with no penalties!. Rarely seen IMO.

Bio-degradeable products are appearing everywhere, especially in the consumer disposal market, and Symphony look to be taking a large chunk of this with their own brands.

I believe strongly in the management of the company. I see they have the technical ability and also the qualities required to deal with the financial markets. Too often we see an excellent company with strong technical management, only to see them fail as they have no idea how to deal with the stock market.


That is why I am nominating Symphony plastics as my "tip of the week". If you get in early enough, I believe you could see a potential treble bagger by the end of July.

I would welcome your comments on the above analysis.

Agree. Sym becoming more and more a growth story showing a good support at this level now, evidenced both by with the directors warrants last year and the present options for the US distributor. Also the chart is looking good. Can't wait for the next trading statement which will hopefully prove the growth. still really spec till then. the shares green section will no doubt extend the radar and more people will jump on board.

I can't believe SYM aren't in that portfolio! Not just being a shareholder but surely they can see this as a better growth prospect with more exciting technology than at least 2 of the companies in that portfolio.
Do you know when the next trading statement is out?

The interim's are usually at end of Sept, and with all the potential of the numerous
international distribution deals put in place over the past year or so, then the combined effect could be significant, maybe heralding an earlier update.

Could be good - Thanks, GDP.

I hope the Interims give good support to the share price as this surely cannot continue to be valued at only 7.6 million?!

Symphony Plastic Technologies PLC
29 August 2006

Symphony Plastic Technologies plc
Board Restructure


Symphony Plastic Technologies Plc ('Symphony' or the 'Company'), the degradable
plastics company, is pleased to announce a significant strengthening of its
Board with the appointment of Matthew Turner as Managing Director with immediate
effect.

Matthew Turner, 47, has held a number of senior roles and in particular in 2005
- 2006, Global Head for Water and Waste with the Fortis Bank - Merchant Bank
Division, Brussels. He was also Global Chief Executive of Bord Na Mona
Environmental, Ireland in 2003 and 2004; Corporate Finance Director for Ernst &
Young, Brussels in 2001 - 2003; Director of Water Nuon B.V. Amstersdam in 2000 -
2001 and Project Finance Manager of TXU Europe in 1998 - 2000. Matthew remains
Managing Director, CFA Services in Antwerp, a management company focusing on
provision of investment, corporate finance advisory, strategic and restructuring
services.

Matthew will report directly to Michael Laurier, Chief Executive, and will be
responsible for implementing the Company's strategy of strengthening the UK
business and network of distributors and focusing on sales of d2w(R)
pro-degradent additive.

As a result of this restructuring, Allan Blacher has left his position as Chief
Operating Officer of the Company and leaves the Company with immediate effect.
The Board of Symphony wishes him well in his future activities.


Nirj Deva, Chairman of Symphony, said:

'We are delighted to have appointed Matthew Turner as Managing Director of
Symphony. Matthew has considerable skills and experience operating in an
environmental technology sector and brings extensive commercial and leadership
skills to the Group.

'The appointment of Matthew has strengthened our already solid management team
and I am confident that progress will continue towards achieving the commercial
realisation of the Company's full potential.'


For further information, please contact:

Symphony Tel: 020 8207 5900
Michael Laurier, CEO
Ian Bristow, FD

Panmure Gordon & Co Tel: 020 7614 8385
Andrew Godber

Citigate Dewe Rogerson Tel: 020 7638 9571
Freida Moore
Ged Brumby




Further information on Symphony Plastic Technologies plc

Symphony develops and supplies environmentally responsible pro-degradent
additives as well as plastic packaging products. The Group's main technology,
marketed under the d2wTM registered droplet trademark, causes plastic to
degrade, leaving only water, a minimal amount of carbon dioxide and trace
amounts of non-toxic biomass over a short time period. The d2wTM product range
includes pro-degradent additives developed for an increasing variety of
applications as well as a range of finished flexible plastic products.

Symphony has a diverse customer base in the UK and has successfully established
itself as an international business after signing distribution agreements with
companies in Brazil, Canada & USA, India, New Zealand, South Africa, the
Caribbean, Saudi Arabia, Colombia and Qatar. d2wTM products can already be
found in more than 40 countries.

Further information on Symphony can be found at
www.symphonyplastics.com
and

www.degradable.net
.

good good.

20 p + looking good.

agree, if it breaks the long term downtrend at 14p and the interims are positive, looking for profit next yr, then as a growth co. w a market leading technology, i am looking at 26- 30p, but it's still spec until we hear some more news.

BIG day tomorrow - ooo

I don't think the market was hugely impressed with SYM interim figures!
Sales are up, marginally, but losses are also up.
The total lack of reaction in the sp would suggest that the market wasn't expecting much more.

HMM - Not great

what a joke ! 12% drop! overraction considerably. its only a matter of time before the supermarkets get back involved with Symphony.

Apparently the market was expecting much more!!!
Down over 12%. If the year end figures are not better than these, the sp will fall again. SYM sales team need to pull their finger out.

Disappointing - both in terms of results and sp fall. There had been quite a lot of positive noises coming from the company recently as well.

also find disappointing. Very little optimism and the vibes are that any growth is a long haul away. I'm out from first thing this morning but will read the report in detail tonight and may be tempted back in at a lower price

I'm still in as I see a big future for the company and technology as discussed before. The catch, as always, is that I don't know when that will be but my holding is modest so happy to hang in there.

Likewise, I only have 6000 shares, so not a big deal to hold until things get better, but this kind of performance is not going to attract new investors.

iVE got quite a few but didnt sell agaisnt my best insticts yesterday morning when the price was only 2% down. And then I would have bought back, but you still cant deny the potetnial of D2w.

initial thoughts are still of huge potential, however the report is so full of promises and there's no meat, no proof yet that anything is achievable- the promises extend to the speculation that the new caribbean distribution agreement will attract more sales than that promised on 22 May of $4m.
Further the report on UK sales suggests that commercially sensitive information prevents detail!- is this a hint of imminent contracts?
France promises more next year.
Full of promise- will it deliver?
I am also sceptical of the rationale behind expansion into the thermal plastic waste recycling- does it inferr that the core d2w business model is dubious, or that management is full of confidence?
I am out unless promises show signs of fulfillment, at which time the sp will be above 14p I exect, tho' might also be tempted if it drops back to 8p