Appointment of Joint Broker

Phytopharm PLC
25 February 2004

                                 Phytopharm plc

                          Appointment of Joint Broker


Phytopharm plc today announces that it has appointed Canaccord Capital (Europe)
Ltd as the company's joint stockbroker.


Enquiries:


Phytopharm
Dr Richard Dixey, Chief Executive Officer                Tel: [phone]
Dr Wang Chong, Chief Financial Officer

Canaccord Capital (Europe) Ltd
Mr Paul Reynolds, Chief Operating Officer               Tel: [phone]
Mr Neil Johnson, Managing Director Corporate Finance

Financial Dynamics
David Yates / Ben Atwell                                Tel: [phone]






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