Result of EGM

Phytopharm PLC
27 March 2008







27 March 2008

                                 Phytopharm plc

                                  EGM Results

The Board of Phytopharm plc announces that at its Extraordinary General Meeting
held earlier today, all the resolutions put to the meeting were duly passed
including the increase to the authorised share capital of the Company and the
authority to the directors to allot shares, inter alia, pursuant to the Placing
and Open Offer announced on 28 February 2008 (the 'Placing and Open Offer').

The Placing and Open Offer remain conditional upon, inter alia, admission of the
New Ordinary Shares to the Official List and to Trading on the London Stock
Exchange's market for listed securities. Application has been made to the FSA
for the New Ordinary Shares to be admitted to the Official List and to the
London Stock Exchange for the New Ordinary Shares to be admitted to trading on
the London Stock Exchanges' market for listed securities. It is expected that
Admission will become effective and dealings in the New Ordinary Shares will
commence at 8.00 a.m. on 28 March 2008.

The definitions used in this announcement shall have the same meanings given to
them in the Prospectus dated 28 February 2008.

The proxy figures for the resolutions are set out on the Company's website:
www.phytopharm.com.

As required by the Listing Rules, copies of all the resolutions passed have been
submitted to the UK Listing Authority for publication through the UK Listing
Authority's Document Viewing Facility, which is situated at The Financial
Services Authority, 25 The North Colonnade, Canary Wharf, London E14 5HS (UKLA
telephone helpline [phone]).

For further information contact:
Zoe McGowan, Company Secretary [phone]




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