Synergia Energy Regulatory News (SYN)

Plastics Capital plc

("Plastics Capital" or the "Group")

New Banking Facilities

Plastics Capital (AIM: PLA), the niche plastics products group, is pleased to announce that it has signed a new £14 million committed banking facility with Barclays Corporate. The new facility has a final maturity date of 30 June 2015 and has been structured by means of a £8 million revolving credit facility and £6 million amortising term loan.

This will replace the existing facility with Royal Bank of Scotland that was due to mature in March 2013, thereby extending the Group's debt arrangements by just over two years.

The current cost of these facilities after all hedging arrangements is likely to be circa 450bps during the first full year.

Commenting, Faisal Rahmatallah, Executive Chairman, said:

"We are delighted to announce this refinancing with Barclays Corporate. The new facility provides many improvements over the one it replaces - the term is extended, the overall costs are lower and the flexibility is significantly greater. As such, it will facilitate higher levels of investment supporting the strong organic growth being achieved and it will also accelerate the timescale within which we can consider the payment of dividends."

Notes to Editors

Plastics Capital is a consolidator of plastics products manufacturers focused on proprietary products for niche markets. The Group has four factories in the UK, one in Thailand and sales offices in the USA, Japan, India and China. Approximately 62 per cent of sales are exported to over 70 countries worldwide. Production is concentrated in the UK where significant engineering know-how and automation underpins the Group's competitiveness. The Group has approximately 300 employees.

Further information can be found on www.plasticscapital.com