HAWTHORNE, Calif. & ATLANTA--(BUSINESS WIRE)--May 31, 2006--Cereplast(TM), Inc., (OTCBB:CERP) producer of proprietary bio-based resins, and Duni Corporation, manufacturer of high quality take-out containers and paper products for the foodservice and retail industry, today announced that they have partnered to produce sustainable take-out packaging. This new food packaging is 100% compostable and meets ever-increasing restaurant and consumer demand for environmentally friendly products.

Duni is known for high-quality, customized food containers. Both their hinged and two-piece containers are now available made from Cereplast sustainable resin. The Cereplast resins are made from renewable resources and are certified as compostable by the Biodegradable Products Institute (BPI).

BPI has granted use of its logo for Duni's thermoformed food containers manufactured with Cereplast's resins. Products bearing the BPI logo are designed to compost quickly, completely and safely, without leaving any plastic residue. Cereplast resins are formulated from a patented and proprietary manufacturing process that incorporates starch and other biodegradable components, including PLA from NatureWorks(R) LLC.

"We are proud to be partnering with Duni, which is known world-wide for its commitment to innovative, well-designed and well-made packaging. Duni's foodservice containers made with Cereplast resins will lead the way in demonstrating that the time has arrived for retailers and restaurants to think about environmental solutions to disposable plastics," said Frederic Scheer, President and CEO of Cereplast.

Added Mikael Nordin, President and COO of Duni Corporation, "Cereplast's resins offer a flexible, practical solution for sustainable foodservice containers. Working together, we have created an environmentally-friendly product that will have a wide range of applications and address consumer interest in seeing renewable solutions in food packaging."

Concluded Frederic Scheer, "In this time of ever-increasing petroleum prices and concern about resource sustainability, we look forward to working with Duni in order to continue to expand the range of uses and products made with Cereplast resins."

About Cereplast, Inc.

Cereplast, Inc. (OTCBB:CERP) designs and manufactures proprietary starch-based, renewable plastics that are compostable. This means that these plastics return to nature quickly and safely, meeting the wishes of environmentally responsible consumers and manufacturers for sustainable plastics. Cereplast's uniquely formulated resins are certified biodegradable by BPI (Biodegradable Products Institute), meet ASTM 6400 (American Society for Testing and Materials), and can be used in all major converting process such as injection molding, thermoforming, blow molding and extrusions. Cereplast is publicly traded on the NASD's Over-the-Counter Bulletin Board market under the symbol CERP.

About Duni Group

Duni Corporation is the U.S. subsidiary of Duni AB, Sweden. Duni is a leading global company in trend-setting concepts that bring convenience to everyday life and enhance any eating or drinking occasion, whether at home, in a restaurant, for take-away, at a hotel or within the food service industry. Duni AB reports revenues of approximately $850 million in 2005 and employs about 3,300 people in some 25 countries. The major markets are in central and northern Europe, Asia & Pacific and the Americas. The Americas is one of the fastest-growing markets.

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.

Copyright Business Wire 2006

Cereplast, Inc.

Cereplast, Inc.

Cereplast, Inc. (OTCBB:CERP) designs and manufactures proprietary starch-based, renewable plastics. Cereplast has developed a breakthrough technology to produce proprietary bio-based resins which are used as substitutes for petroleum-based plastics offering price stability and competitive costs compared to traditional resins. Cereplast resins can be used in all major converting process such as injection molding, thermoforming, blow molding and extrusions. Made from renewable resources such as corn and potato starch, Cereplast resins are certified biodegradable and compostable by BPI (Biodegradable Products Institute) and have comparable or superior performance characteristics to conventional plastics and return to nature quickly and safely. Learn more at www.cereplast.com.

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