Guys,
I hate to go against the grain, but i have to ask. I'm all for using the correct products, i agree ply is not a great substrate and both deano and Ed are correct in their recommendations.
However, from what the op posted i've taken this to be a stud wall built out into the room to create an enclosure space. So, with no "outside" influences (i.e no outside walls, rooms to effect any tempreture etc) would the following not be sufficient?
As long as the studwork is built well and there are plenty of regular fixings to a rigid frame. Insulate the cavity in the wall. This will keep tempreture consistant within the cavity and prevent any warping of the ply. If you then tanked the face of the ply, better yet the wall all the way round. Would the tanking not only waterproof the wall, provide a means of a de-coupler but also insult the ply from any heat transfer from using the shower?
I completely agree the ply shouldn't of been used in the first place, but, if the op really didn't want to take it out or if it was too much hassle. Do you think what i'm suggesting would be sufficient?