Holding(s) in Company

Phytopharm PLC
28 January 2003


Phytopharm PLC ( 'the Company')

Notification of Major Interests in Shares

The Company received a notification on 27 January 2003 from Legal & General
Investment Management Limited, informing it that they currently have an interest
in 1,261,357 shares, representing 3.26% of the issued ordinary share capital of
the Company.

The shares are registered in the name of HSBC Global Custody Nominees (UK) Ltd.

28 January 2003

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