Holding in Company

Zotefoams PLC
15 December 2000

                                ZOTEFOAMS PLC                                 

                               (the 'Company')                               

The board of the Company has been informed that Acorn Income Fund Limited has
an interest in 1,638,300 ordinary shares of 5p each in the Company,
representing approximately 4.52 per cent. of the total issued share capital of
the Company.