Alliance

Zotefoams PLC
27 July 2000


                  Zotefoams completes strategic alliance with
                     Sekisui Chemical Company Ltd of Japan

Zotefoams plc ('Zotefoams'), the world's leading manufacturer of cross-linked
polyolefin block foam, is delighted to announce that it has completed a global
sales, marketing and technology development agreement with Sekisui Chemical
Company Ltd of Japan ('Sekisui'). Sekisui is the world's leading producer of
roll polyolefin foam and has an extensive sales and marketing network in
Continental Europe and around the world.

As foreshadowed in Zotefoams 1999/2000 annual report, the board believes that
this agreement will significantly enhance the company's future growth
prospects. Specifically, its implementation will improve Zotefoams access to
existing markets and allow it to penetrate new markets around the world with
its growing portfolio of high quality block-foam products.

Key benefits of the agreement:

Sekisui will substitute block foam currently produced at its
manufacturing facility in The Netherlands with Zotefoams products

Sekisui will market Zotefoams products in Continental Europe and South
America

Zotefoams and Sekisui will both market a combined product portfolio via
reciprocal sales agency agreements to customers in the United States, Canada,
Mexico and Central America

Sekisui will distribute Zotefoams products through the existing Sekisui sales
forces in Asia

Sekisui and Zotefoams will collaborate on the development of block
polyolefin foams and related technology

Commenting on the agreement, David Stirling, Managing Director of Zotefoams
said:

'This agreement fundamentally increases the reach of our business. Zotefoams
has always had an excellent portfolio of products and with the completion of
this agreement we are now able to directly market and sell these to a much
wider base of customers. In addition to opening up exciting new markets for
us, the agreement will increase our visibility in Continental Europe and
enhance the longer term potential of our investment in manufacturing at
Cincinnati, USA.'

Enquiries:

Zotefoams plc                      020 8664 1600
David Stirling, Managing Director

Financial Dynamics                 020 7831 3113
Tom Baldock