Polyphalt Inc. to Present at New York Investors Conference


TORONTO, Nov. 12, 2001 (PRIMEZONE) -- Polyphalt Inc. (CDNX:YPY) (VSE:YPY), is pleased to announce that its President and C.E.O., Bruce Harbinson, will be making an in-depth presentation on Polyphalt to the New York investment community on Wednesday November 14, 2001. The presentation will be part of the Equities Magazine Fall Conference which features CEOs of emerging growth companies. In addition to the live presentation, Mr. Harbinson's presentation will be transmitted simultaneously via Webcast to investors throughout North America. Shareholders and other interested investors are cordially invited to join in to the Webcast. Information and direct links to the Webcast can be found on the Company's Website at www.polyphalt.com.

Polyphalt is a publicly traded, Canadian-based, technology company that develops and commercializes novel Polymer Modified Asphalt products and technology to serve North American and international infrastructure markets. Polyphalt has a broad portfolio of proprietary technologies, several of which combine blends of plastics and rubbers, including recycled materials. These processes help to produce cost-effective and longer-lasting pavements, roofing materials and other bituminous building and industrial products. Polyphalt's international licensee network comprises thirteen leading asphalt refiners and suppliers throughout the United States, Canada, Australia, Europe and China. In February 2001, Polyphalt acquired GH International, a leading Canadian producer of roof coatings, adhesives and pavement maintenance products.

Polyphalt is a member of the Cheung Kong Infrastructure group of companies. CKI is the largest publicly listed infrastructure company in Hong Kong with investment in Hong Kong Electric, infrastructure investments, infrastructure materials and infrastructure-related businesses. The company has operations in Hong Kong, Mainland China, Australia, Canada and the Philippines. The Cheung Kong Group, of which CKI is a member, has a total estimated market capitalization of US$68 billion as of October 23, 2001.


 For further information please visit our Website at
 www.polyphalt.com, or contact:
      Polyphalt Inc.
      Bruce Harbinson, President & C.E.O.
      Tel: 416 491-9292, Fax 416 491 9766
      e-mail corp@polyphalt.com

Forward-Looking Statements

This report may contain forward-looking statements that involve risk and uncertainties beyond the Company's ability to control or predict. Future results may differ materially from project results depending on factors such as competition, changes in industry structure and alliances, reduced product demand, raw material shortages, price volatility or other factors. Readers are cautioned not to place undue reliance on such forward-looking statements.



            

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