POLL Polymer Log.

RNS Number:7554N
Polymer Logistics N.V.
13 December 2006



Embargoed for release at 8.30am on Wednesday 13 December 2006



                             Polymer Logistics N.V.
                          First day of dealings on AIM


Polymer Logistics N.V. ('Polymer Logistics' or 'the Company'), a provider of '
one-touch' logistics solutions to leading retailers and suppliers in the UK and
Continental Europe, announces that its shares have today been admitted to
trading on AIM.

At the placing price of 82 pence per share, Polymer Logistics is capitalised at
approximately #63.5 million.  The Placing raised approximately #15 million (net
of expenses) for the Company through the issue of 20,731,708 new ordinary
shares.  In addition, the Placing also comprised the sale of 9,756,098 shares,
also at the placing price, by private equity investor, Shamrock, which remains a
substantial shareholder in the business with approximately 8.8% of the Company's
issued share capital.

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 directors of the Company believe that, by using
Polymer Logistics' RRP units, retailers benefit from reduced supply chain costs;
reduced retail loss from damage and/or wastage; and increased in-store
availability of stock, thereby promoting the opportunity for increased sales.
In addition, the Company's RRP 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.

Polymer Logistics is based in The Netherlands with subsidiaries in the UK,
Israel and the USA 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, Carlsberg and Coors Brewers (UK). The
Company seeks to enter into contracts with new customers for terms typically
between 2 and 6 years.

The Company intends to use the net proceeds received from the Placing to fund a
significant proportion of the cost of implementation (including capital
expenditure) required by the new contracts it signed in 2006 with GS S.p.A.
(Carrefour) and Ortofin S.r.l. in Italy, and with a supplier to Wal*Mart in the
USA.

Collins Stewart Europe Limited is acting as Nominated Adviser and Broker to the
Company.  The Company's ticker symbol is POLL.

Commenting on the successful Placing and first day of dealings, Gideon Feiner,
Chief Executive Officer commented:

"We are delighted with the success of the Placing, which was oversubscribed, and
with the high quality of our institutional shareholder base.

The IPO will help us continue along our growth path, giving us the capital we
need to fund recently signed contracts in Europe and the USA.  In addition, it
provides the opportunity for our employees to participate in the future success
of the business and we look forward to life as an AIM-listed company "



For further information contact:


Polymer Logistics N.V.                                       +972 (0)9 743 0333
Gideon Feiner, Chief Executive
Dana Gerner, Chief Financial Officer

Collins Stewart Europe Limited                               +44 (0)20 7523 8350
Mark Connelly, Director
Oliver Quarmby, Executive

Financial Dynamics                                           +44 (0)20 7831 3113
Edward Bridges/Harriet Keen/Matt Dixon



                                   DISCLAIMER


This announcement has been issued by Polymer Logistics NV (the ''Company'') in
connection with the placing (the ''Placing'') of ordinary shares in the Company
(the ''Shares'') and the application for the admission of the Shares to trading
on AIM ("Admission"), a market operated by London Stock Exchange plc.

This announcement does not constitute, or form part of, the Placing or any offer
or invitation to sell or issue, or any solicitation of any offer to purchase or
subscribe for any Shares in any jurisdiction, nor shall this announcement or any
part of it, or the fact of its distribution, form the basis of, or be relied
upon in connection with, or act as an inducement to enter into, any contract or
commitment whatsoever with respect to the Placing or otherwise. No reliance may
be placed for any purpose whatsoever on the information contained in this
announcement or on its completeness.

Collins Stewart Europe Limited (''Collins Stewart'') is authorised and regulated
in the United Kingdom by the Financial Services Authority and is acting as
nominated adviser and broker to the Company in connection with the Placing and
Admission and is acting exclusively for the Company and Shamrock Capital Growth
Fund LP, Shamrock Israeli Investors Growth Fund LP and Shamrock Israel Growth
Fund LP ("Shamrock Entities") and no one else in connection with the Placing and
Admission. Collins Stewart shall not be responsible to anyone else other than
the Company and the Shamrock Entities for providing the protections afforded to
clients of Collins Stewart or for providing any advice in relation to the
Placing and Admission, the contents of this announcement or any transaction or
arrangement referred to herein. The responsibilities of Collins Stewart as
nominated adviser and broker are owed solely to the London Stock Exchange plc
and not to any other person in respect of his decision to acquire shares in the
Company in reliance on any part of this announcement. Collins Stewart has not
authorised the contents of this announcement and does not accept liability for
the accuracy of any information or opinions contained therein, or for the
omission of any information from this announcement, for which the Company and
its directors are solely responsible.

No representation or warranty, express or implied, is made or given by or on
behalf of the Company, Collins Stewart or the Shamrock Entities or any of their
respective directors, partners, officers, employees, agents or advisers or any
other person (whether or not referred to in this announcement) as to the
accuracy, completeness or fairness of the information or opinions contained
herein and no responsibility or liability is accepted by any of them for any
such information or opinions. Notwithstanding the aforesaid, nothing in this
paragraph shall exclude liability for any representation or warranty made
fraudulently.

Neither this announcement nor any copy of it nor any part of it should be sent
to or taken into or distributed to persons with addresses in the United States
of America, Australia, Canada, Japan, the Republic of Ireland or any other
country where such distribution may lead to a breach of any law or regulatory
requirement or to any national, citizen or resident thereof or any company,
corporation, partnership or other entity created or organised under the laws
thereof. Persons outside the United Kingdom into whose possession this
announcement comes should inform themselves about and observe any restrictions
and legal requirements in relation to the distribution of this announcement and
their participation in any proposals as set out in this announcement. Any
failure to comply with these requirements may constitute a violation of the laws
of the relevant jurisdiction.

The Placing Shares have not been and will not be registered under the United
States Securities Act 1933, as amended, or under the securities legislation of
any state of the United States or under the securities legislation of any
province of or territory of Canada or of Australia or Japan. Accordingly,
subject to certain exceptions the Placing Shares may not, directly or
indirectly, be offered or sold to, or for the account or benefit of, a person
within the United States or a resident of Canada, Australia, the Republic of
Ireland or Japan



                                      ENDS




                      This information is provided by RNS
            The company news service from the London Stock Exchange
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