Holding in Company

Phytopharm PLC
17 January 2001



                Phytopharm PLC ('Phytopharm' or the 'Company')


                  Notification of Major Interests in Shares


Phytopharm PLC received a notification today from Standard Life Investments,
informing them that following a purchase of 100,000 shares on 16th January
2001, they now have a notifiable interest of 1,537,742 shares representing
4.036% of the Company's issued Ordinary Share Capital.


17 January, 2001