Sims Recycling Acquires Canadian Electronics Recycler

Date: February 13, 2008

Source: Sims Recycling Solutions

Sims Recycling Solutions continues its Canadian growth with the
acquisition of Accu-Shred, a leading Canadian electronics recycling

Founded in 1994, Accu-Shred has established itself as one of Ontario's leading
environmentally sound end of life electronics recyclers. It is anticipated that the
transition for customers should be very smooth due to the similar business
philosophies of the two companies.

Steve Skurnac, President of Sims Recycling Solutions in North America commented:
"We are extremely pleased to welcome Accu-Shred into our business. Their strong
customer base and commitment to providing environmentally sound recycling offers
Sims an excellent platform for further growth in the Canadian markets. Growing
awareness of the intrinsic resource recovery and hazard management from end of life
electronics as well as an increasing focus on Social Responsibility makes this a key
sector for anyone serious about providing a complete solution to WEEE."

"Sims Recycling Solutions is very well positioned to continue in its market leadership
position, and to prepare for the large volumes of WEEE expected to arise from Ontario
WEEE regulations. Our commitment to this business continues through this
investment and is the first step of a larger strategic growth plan in Canada."
Sims Recycling Solutions currently operates a state of the art facility providing 100%
electronic hardware recycling in Brampton, Ontario. The site has a capacity to
process 35 million pounds of end of life electronics annually.

In addition, Sims Recycling Solutions operates 6 electronics recycling facilities in
North America with a total electronics recycling capacity of 200 million pounds
annually. The North American facilities include Los Angeles, CA; Hayward, CA;
Roseville, CA; Nashville, TN; Chicago, IL and along with 18 worldwide facilities, Sims
Recycling solutions provides wide geographic coverage for global electronics recycling

About the Sims Group:

Sims Group ( is the world's largest metal recycler with over 150
operations world wide covering metal recycling, plastics recycling, end of life electronic
recycling, precious metals refining, manufacturing and green energy.
Headquartered in Australia, Sims earns around 70 per cent of its revenue from
international operations in North America, the United Kingdom, Continental Europe,
North America, New Zealand and Asia. Sims has over 3,500 employees, annual
turnover of A$5.5 billion and is listed on the Australian Stock Exchange (ASX CODE:

Sims Recycling Solutions is a division of Sims Group and is an emerging global leader
in providing both full asset lifecycle services for clients in the electronic and electrical
producer and user sectors and in the provision of technologically advanced and
environmentally led processes for waste streams arising from Environmental
Legislation. Its range of services include: Corporate Electronic Asset Collection and
Recovery Services, Waste Electrical and Electronic Equipment Recycling, Precious
Metals Refining and Smelting, End of Life Fridge Recycling, Printer cartridge recycling,
CRT Glass recycling, Plastics Recycling and Dense Media Separation of non ferrous

Cindy Coutts
Sims Group Recycling Solutions Canada Ltd.

Steve Skurnac
Sims Group Recycling Solutions US Limited

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