Holding(s) in Company

Phytopharm PLC
29 May 2002

Phytopharm PLC ( the 'Company')

Notification of Major Interests in Shares

The Company received a notification today from M&G Investment Management
Limited, informing them that Prudential plc, and certain of its subsidiary
companies have a notifiable interest in 1,326,000 ordinary shares, representing
3.43% of the issued ordinary share capital of the Company.

29 May 2002



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