Holding in Company

Zotefoams PLC
23 March 2001


Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
ZOTEFOAMS plc

2   Name of shareholder having a major interest:
PHILLIPS & DREW LIFE LIMITED (SUBSIDIARY OF UBS ASSET MANAGEMENT HOLDING
(NO.2) LIMITED)

3   Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a non-beneficial
interest or in the case of an individual holder if it is a holding of that
person's spouse or children under the age of 18:
BENEFICIAL INTEREST

4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
PHILDREW NIMINEES LIMITED A/C LF20

5   Number of shares/amount of stock acquired:


6   Percentage of issued class:


7   Number of shares/amount of stock disposed:
297,900

8   Percentage of issued class:
0.82%

9   Class of security:
ZOTEFOAMS plc 5p ORDINARY SHARES

10  Date of transaction:
21 MARCH 2001

11  Date company informed:
22 MARCH 2001

12  Total holding following this notification:
2,523,700

13  Total percentage holding of issued class following this notification:
6.96%

14  Contact name for queries:
MR DIVYA PATEL

15 Contact telephone number:
020 8664 1614

16  Name of company official responsible for making notification:
MR CLIFFORD HURST

17  Date of notification:
23 MARCH 2001

Additional Information: