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April 2010

NASDAQ : CERP

Safe Harbor Statement
Matters discussed in this Presentation contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this document, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. These forward-looking statements are subject to risks, uncertainties, assumptions, and other factors that may cause the actual results, performance or achievements to differ materially from those contemplated, expressed or implied by such forward-looking statements. These factors 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.

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Problems With Plastic
Cereplast has a patented intellectual property that solves key problems for an existing and active trillion dollar market
1. Environmental Sledgehammer
n200 million tons of plastic a year nLasts 400 years nOnly 3.5% is recycled nLeaches harmful substances nConsumes 8% of annual oil production

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Problems With Plastic
Cereplast has a patented intellectual property that solves key problems for an existing and active trillion dollar market
2. Cost
nPetroleum is a limited resource nIncreasing cost over the long term nNon-renewable
P riceof P sticResin1996toP la rese nt $1.00

Priceof C rudeOil 1998toP resent $100.00

$0.89/lbs. 10/30/09

$76.00/ bbl 10/30/09
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Very Large New Market

Total market for plastic resin worldwide:  1 Trillion lbs. a year  About $2.5 Trillion a year Polyolefin market segment  495 Billion lbs. a year  About $500 Billion a year Polypropylene market segment  110 Billion lbs. a year  About $100 Billion a year

Worldwide Plastic Resins Market
(billions of lbs.)

Other 505

Polyolefin 495

Polypropylene 110
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 

Company Overview

n n

Cereplast Product Offering Compostables Resins (Single-use applications) 100% renewable content 100% biodegradable and compostable in all major Can be used converter processes Applications: Foodservice ware and packaging

Hybrid Resins (Durable applications) Approx. 50% renewable content Reduced petroleum content Can be used in all major converter processes Applications: Automotive, consumer goods, electronics, toys

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Cereplast Compostables® Resins Overview

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Cereplast Hybrid Resins® Overview

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Cereplast Management Team

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Cereplast Management Team

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Capital Structure Overview
CEREPLAST CAPITALIZATION TABLE
# of Shares Cereplast Management Frederic Scheer Management
Cereplast Board of Directors

% of Class 25% 1% 0.7% 26.5% 19.5% 54% 100%

2,732,621 106,434 75,000 2,914,055 2,140,000 5,941,945 10,996,000

Total Insiders Institutional Investors Float Total Outstanding Shares

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Customer Value Proposition

n

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Biodegradable Bioplastics Market Sizing

Market Opportunities Biodegradable Plastics Market Growth

Hybrid Resins: Increasing Opportunities

1 ,400 1 ,2 00 1 ,000 800 600 400 2 00 0 2 006 2 007 2 008 E 2 009E 2 01 0 E 2 01 1 E 2 01 2 E

2007 – 2012E CAGR: 17.3%

PP ($/lb)

Oil ($/bbl)

Million Pounds

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Market Opportunity

Price ($/lb)
PEI PPS

$10

High - performance

PSU PI PES PCT LCP PPSU PPA HPPA

Engineering
PPO ABS PC PMMA

ETPV PET

ACETAL PBT PA

TPC - ET POM

Commodity
LDPE PS PVC HDPE PP

495 billion pounds of commodity plastics are produced annually

$1 Amorphous Semi - crystalline

Cereplast resins can address a large portion of the plastic industry

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Long-Term Trends Driving Bioplastics Growth
n Rising, Volatile Oil Prices and Energy Security Concerns

– Approximately 8% of oil is converted into plastics in the USA – 8% of oil is the same amount used for jet fuels in the USA
n Environmental Concerns

– – –

Overfilling of landfills and degradability of plastic waste Health concerns about the use of certain plastics in food and human contact Lack of recycling of traditional petrochemical plastics l EPA estimates that less than 6% of waste plastic is currently recycled l Managing the carbon cycle

n Favorable Regulatory Initiatives

– Federal government announced a major policy directive that designates products made from bio-based plastics as a preferred purchasing item – Petroleum-based plastic bans / taxes
n Improving Performance and Competitiveness of Bioplastic Resins

idly displace petroleum-based plastics as commercially feasible alternatives are of
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Cereplast Business Model

Renewable Feedstock Resin Manufacturing Converters & Brand owners Finished Products

Polymers

Hybrid & Compostable

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Cereplast Technical Advantages
n Proprietary Resin Formulations

– – –

48 formulation patents and patent applications in the U.S. and worldwide Addressing an ever widening array of applications Work with portfolio of bio-based feedstock

n Efficient Resin Processing

– High-speed and low cost manufacturing process requiring significant know-how – Utilizes conventional resin compounding equipment
n Ease of Use by Converter Clients

– Specially formulated to work on conventional equipment utilized by converters – Lower temperature fabrication versus petrochemical based plastic products
n Resin Properties

– Designed to deliver properties similar to traditional plastics – Reduced environmental impact
n Strong Technical Team

– Collectively over 75 years of bioplastic development experience
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Cereplast Manufacturing

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Outside/Independent Directors
n Jacques Vincent

– Current Vice Chairman of Groupe Danone – Served as the Chief Operating Officer at Groupe Danone, where he began his career in 1970 and held various financial and overall management positions within the company – Graduate engineer of the Ecole Centrale, Paris, holds a bachelor’s degree in economics from Paris University and an MS from Stanford University – Also the Chairman of Daniel Carasso Research Center and Ecole Normale Superieure de Lyon, and a board member of Syngenta in Switzerland and Yakult Honsha in Japan
n Petros Kitsos

– Managing principal of TBL Strategy in Los Angeles, a strategic consulting firm focused on the industrial sector – Prior to establishing TBL Strategy, had a distinguished 16-year career in investment banking with Citigroup and the predecessor companies where among other duties he was Citigroup’s Head of Western Region M&A, Head of Global Aerospace Group, Co-Head of Los Angeles Corporate Finance – MBA with honors from Harvard Business School, and Phi Beta Kappa graduate of Hamilton College where he currently serves on the Board of Trustees
n Steve Hanni

– Current Partner at Stayner, Bates & Jensen, PC, Certified Public Accountants, based in Salt Lake City – Previously served as a partner with HJ & Associates, LLC, a public accounting firm also in Salt Lake City – Master’s and bachelor’s in accounting from Weber State University; CPA licensed in Utah and Nevada

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e re p la st in th e M e d ia

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Recent Customer Development

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Opportunity
n Cereplast has patented intellectual property that solves key problems for an

existing and active trillion dollar market.

n The Company has agreements with major brand name customers, many of

whom are expanding. Existing agreements could lead to exponentially increasing revenues in 2010 and beyond. this market.

n Current wave of legislation and environmental awareness continue to drive n New and exciting technologies are under development. n Depth of knowledge and experience in management, technology and Board

of Directors.

n Attractive Valuation: Company is trading at a discount relative to peers that

have less revenue.

n Cereplast has a sustainable advantage to grow to hundreds of millions in

revenue and become a market leader in the dynamic space.

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THANK YOU
CEREPLAST 300 NORTH CONTINENTAL BLVD. SUITE 100 EL SEGUNDO CA 90245 TEL: (310) 676 5000 WWW.CEREPLAST.COM