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                        ROYAL GROUP TECHNOLOGIES LIMITED



FEBRUARY 25, 2004


TORONTO, ONTARIO -- Royal Group Technologies Limited ("Royal Group" or the
"Company") (RYG: TSX, NYSE) announced today that the Enforcement Branch of the
Ontario Securities Commission ("OSC") informed the Company yesterday afternoon
after the close of the markets that, based on the OSC's investigation relating
to the Company, including information recently obtained by the OSC, public
disclosure should be made of the existence of the investigation. The Company
understands that the investigation principally concerns transactions between the
Company and a St. Kitts resort development which was a purchaser of the
Company's products and services. The St. Kitts resort, which is controlled by
Mr. Vic De Zen, the controlling shareholder of the Company, purchased goods and
services from the Company over the past five years which the Company advises
have a value of approximately $32 million. The OSC also informed the Company
this morning that the RCMP, along with the Canada Customs Revenue Agency, is
conducting its own investigation.

In late December 2003, the Company was advised that the OSC was conducting the
investigation and the Company has been cooperating with the OSC and providing
information to the OSC regarding the Company's relationship with the St. Kitts
resort and past financial transactions between them. The Company established a
Special Committee of the Board of Directors in late December 2003 to deal with
those matters, consisting solely of independent directors who have retained
independent legal counsel and forensic accountants. The Company will continue to
cooperate fully with the OSC.

Royal Group Technologies Limited is a manufacturer of innovative, polymer-based
building products, serving the home improvement, consumer and construction
sectors of the market. The Company has extensive vertical integration, with
operations dedicated to provision of materials, machinery, tooling, real estate
and distribution services to its plants producing finished products. Royal
Group's manufacturing facilities are primarily located throughout North America,
with international operations in South America, Europe and Asia. Additional
investment information is available on Royal Group's web site at
www.royalgrouptech.com under the "Investor Relations" section.

The information in this document contains certain forward-looking statements
with respect to Royal Group, its subsidiaries and affiliates. These statements
are often, but not always made through the use of words or phrases such as
"expect", "should continue", "continue", "believe", "anticipate", "estimate",
"contemplate", "target", "plan", "budget", "may", "will", "schedule" and
"intend" or similar formulations. By their nature, these forward-looking
statements are necessarily based upon a number of estimates and assumptions
that, while considered reasonable by management, are inherently subject to
significant, known and unknown, business, economic, competitive and other risks,
uncertainties and other factors affecting Royal Group specifically or its
industry generally that could cause actual performance, achievements and
financial results to

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differ materially from those contemplated by the forward-looking statements.
These risks and uncertainties include fluctuations in the level of renovation,
remodeling and construction activity; changes in product costs and pricing; an
inability to achieve or delays in achieving savings related to the cost
reductions or revenues related to sales price increases; the sufficiency of our
restructuring activities, including the potential for higher actual costs to be
incurred in connection with restructuring activities compared to the estimated
costs of such actions; the ability to recruit and retain qualified employees;
the level of outstanding debt and our current debt ratings; the ability to meet
the financial covenants in our credit facilities; changes in product mix; the
growth rate of the markets into which Royal Group's products are sold; market
acceptance and demand for Royal Group's products; changes in availability or
prices for raw materials; pricing pressures resulting from competition;
difficulty in developing and introducing new products; failure to penetrate new
markets effectively; the effect on foreign operations of currency fluctuations,
tariffs, nationalization, exchange controls, limitations on foreign investment
in local business and other political, economic and regulatory risks; difficulty
in preserving proprietary technology; adverse resolution of litigation and
administrative and intellectual property disputes; changes in environmental
regulations; currency risk exposure and other risks described from time to time
in publicly filed disclosure documents and securities commission reports of
Royal Group and its subsidiaries and affiliates. In view of these uncertainties
we caution readers not to place undue reliance on these forward-looking
statements. Statements made in this document are made as of February 25, 2004
and Royal Group disclaims any intention or obligation to update or revise any
statements made herein, whether as a result of new information, future events or
otherwise.

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FOR FURTHER INFORMATION PLEASE CONTACT:

Royal Group Technologies Limited
Scott D. Bates
General Counsel and Corporate Secretary
or
Mark Badger
Vice-President, Marketing and Corporate Communications
(905) 264-0701
(905) 264-0702  (FAX)