Cereplast Receives 2007 SPE Environmental Plastic Award for New Technology in Materials

Cereplast, Inc. (OTCBB:CERP), manufacturer of proprietary
bio-based renewable plastics, announced today that it is the recipient
of The 2007 Environmental Award for New Technology in Materials from
the Society of Plastics Engineers (SPE). The award will be officially
presented to Frederic Scheer, CEO of Cereplast, during the 2007 Global
Plastic Environmental Conference (GPEC) in Orlando, Florida. Other
award recipients include GE Plastics, a division of GE (NYSE:GE), and
InterfaceFabric, a collaboration between Michigan State University,
Michigan Department of Environmental Quality and Herman Miller
(NASDAQ:MLHR).

The award attests to the innovation and benefits of Cereplast's
proprietary materials, such as sustainability, biodegradability and
compostability. Cereplast resins, which are made from a variety of
agricultural feedstock and other organic components, contribute to the
fight against global warming and participate in the national policy of
energy independence. Cereplast's resins are now available for
commercial use and have received strong acceptance from some of the
major converters in the United States, including Duni, Genpak, Solo
Cup and Alcoa Kama, a division of Alcoa (NYSE:AA).

"We are honored to have been recognized by the SPE for our
technological leadership and are also very pleased to see that the
plastic industry recognizes the importance of sustainability and the
benefits of our proprietary bio-resins," said Scheer.

The Society of Plastics Engineers' (SPE) contribution to the
plastics industry is over 60 years old, and the organization has in
excess of 20,000 members, a network of leading engineers, scientists
and other plastics professionals, including technicians, salespeople,
marketers, retailers and representatives from tertiary industries. SPE
has made a significant difference to the technologies and innovations
the industry enjoys today in honoring the new materials that are
making plastic so convenient.

For more information on The Global Plastic Environmental
Conference (GPEC) 2007 please visit:
http://www.4spe.org/conf/gpec07/07gpec.php

About Cereplast

Cereplast, Inc. (OTCBB:CERP) designs and manufactures proprietary
bio-based, renewable plastics which are used as substitutes for
petroleum-based plastics in all major converting processes - such as
injection molding, thermoforming, blow molding and extrusions - at a
pricing structure that is competitive with petroleum-based plastics.
Cereplast's uniquely formulated resins are certified biodegradable and
compostable by BPI (Biodegradable Products Institute). Learn more at
www.cereplast.com.

Safe Harbor Statement

Matters discussed in this press release contain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. When used in this press release, the words
"anticipate," "believe," "estimate," "may," "intend," "expect" and
similar expressions identify such forward-looking statements. Actual
results, performance or achievements could differ materially from
those contemplated, expressed or implied by the forward-looking
statements contained herein. These forward-looking statements are
based largely on the expectations of the Company and are subject to a
number of risks and uncertainties. These include, but are not limited
to, risks and uncertainties associated with: the impact of economic,
competitive and other factors affecting the Company and its
operations, markets, product and distributor performance; the impact
on the national and local economies resulting from terrorist actions,
and U.S. actions subsequently; and other factors detailed in reports
filed by the Company.