AGM Statement

Zotefoams PLC
08 May 2008


                                                                      8 MAY 2008



                                 Zotefoams plc


                         ('Zotefoams' or 'the Company')


                        AGM Statement and Trading Update


At today's Annual General Meeting of Zotefoams Nigel Howard, Chairman, will make
the following statement:


'At the time of the preliminary results announcement for the 12 months ended 31
December 2007 on 4 March 2008, I commented that the Polyolefin business
performed well in 2007 and trading for the first two months in 2008 was in line
with our expectations and that the development of High-Performance Polymers
(HPP) continues to progress.


I am pleased to be able to report that the strong sales growth experienced in
the second half of 2007 has continued in 2008 with strong trading and profit
growth in the first four months of this year compared with the equivalent
periods in the prior years.


Our Polyolefin foam business has experienced good sales growth in all our major
geographic markets, enhanced by the strength of the Euro in this period.   Sales
in the HPP segment are currently below levels experienced at this point last
year. However, during May we are scheduled to make the first shipment of ZOTEK
(R) F material for the large application on the Boeing 737 aircraft announced on
3 March 2008.  We continue to make progress in our High-Performance Polymers
segment and although timing of revenues remains difficult to predict we remain
of the view that the growth prospects from this segment are very exciting.


We therefore remain confident of the Company's future prospects'.


Zotefoams plc expects to announce its interim results for the six months ended
30 June 2008 on 5 August 2008.


Enquiries:

Zotefoams plc 0208-664-1600
David Stirling, Managing Director
Clifford Hurst, Finance Director

Financial Dynamics Limited 0207-831-3113
Ben Brewerton



About Zotefoams plc

Zotefoams plc (LSE - ZTF) is the world's leading producer of light weight,
cross-linked, closed-cell block foams. These pure, consistent foams are
manufactured using a unique environmentally friendly nitrogen expansion
technology. Zotefoams was the first to develop cross-linked polyolefin foams and
is increasingly using its production technology to manufacture foamed materials
based on high-performance polymers. Based in Croydon, UK, Zotefoams also
manufactures in Kentucky, USA and markets its products worldwide through a
global sales network. =


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