Envipco Holding N.V.

Management Reports • Nov 26, 2012

Envipco Holding N.V.

Innovative Recycling Systems For a cleaner environment

Interim Management Statement

Envipco Holding N.V., a public listed company on the Brussels Euronext NYSE "ENVI" and a leading provider of recycling systems and solutions to the beverage and retail industries, announces its interim management statement for the period from July 1, 2012 through November 16, 2012.

The following are the main events/activities which occurred during the interim period:

• The Management Board issued a press release on August 29, 2012 announcing the Group's 2012 first half-year results. This release is available at: www.envipco.com
• US RVM operation continues to develop positively. Revenues of the Reverse Vending Segment increased by 11% to \$24.4 million (€19.0 million) for 9 months ended September 30, 2012 while Net Profit rose 54% to \$1.4 million.
• The Plastics Recycling Segment has performed poorly with revenues falling by 5.8% to €21.1 million for the 9 months ended September 30, 2012. The segment has suffered net losses of €3.1 million during this period compared to a breakeven for the same period last year. The Sorepla business in France has been further negatively impacted by an employee strike during the month of October 2012. This action necessitated filing for "Procedure de Sauvegarde," a court protection from its creditors. This application was approved by the court on October 30, 2012, (see our press releases of October 30 and 31 at www.envipco.com). The timing of this action resulted in unanticipated losses during the plant closure which lasted for more than 3 weeks. The company expects to normalize its operation and emerge from court protection within six months. The company is generating positive cash flow to fund its operations and is evaluating options to strengthen its balance sheet. With the newly completed bottle-to-bottle plant upgrades, we expect to return to profitability during 2013.
• Our pilot program (Reimagine) for automated recovery of beverage containers in non-deposit markets is continuing with Coca-Cola Recycling LLC in Dallas Texas. Both parties have expressed their interest to expand the program. The volume of recycled containers continues to grow at all sites. We recently reached an exciting milestone with our 10 millionth container being recycled. Negotiations are on the way to expand the pilot to a more meaningful number of installations during 2013.

There are no other significant events which may have a material impact on the financial position of the group.

The Board of Directors of Envipco Holding N.V November 16, 2012

For further information please contact Gool Santchurn:

By phone: +1 203 720 4059

By e-mail: gools@envipco.com

Website: www.envipco.com

About Envipco:

Envipco Holding N.V. (Envipco), www.envipco.com, is a Netherlands-based holding company listed on NYSE Euronext Brussels (Symbol ENVI). Envipco, with operations in several countries around the globe, is a recognized leader in the development and operation of reverse vending machines (RVMs), automated technological systems for the recovery of used beverage containers. Envipco's turnkey solutions cover all aspects of beverage container recycling - from recovery, validation, compaction, sorting, transportation and logistics, to accounting for every container, to recycling and processing used beverage containers to ready for conversion into new containers and consumer products. Known for its innovative technology and market leadership, Envipco holds several intellectual property rights for RVM systems, including but not limited to beverage refund deposit markings, material type identification, compaction and accounting. It also owns and operates the largest independent bottle to bottle PET recycling plant in Europe.