Holding in Company

Zotefoams PLC
27 March 2001


Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
Zotefoams Plc

2   Name of shareholder having a major interest:
Gartmore Investment Management Plc

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:
BENEFICAL OWNER - (i)  GARTMORE ABSOLUTE GWTH+INC (GROWTH)
                  (ii) GARTMORE FLEDGLING INDEX TRUST PLC
                  (iii)GARTMORE GROWTH OPPORTUNITIES
                  (iv) GARTMORE UL & IRISH SMLLER CO'S FUND
                  (v)  WEST MIDLANDS METRO ETHICAL


4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
(i)   BANK OF NEW YORK NOMINEES LIMITED -    770,315 - 2.12%
(ii)  BNY GIL CLT A/C NOMS LTD A/C GMT  -    324,837 - 0.89%
(iii) BNY GIL CLT A/C NOMS LTD A/C NWSC -  1,205,015 - 3.32%
(iv)  RBSTB NOMINEES LTD                -  1,053,571 - 2.90%
(v)   HSBC GLOBAL CUSTODY NOMINEE (UK)LTD -  300,000 - 0.82%

5   Number of shares/amount of stock acquired:
3,653,738

6   Percentage of issued class:
10.07%

7   Number of shares/amount of stock disposed:


8   Percentage of issued class:


9   Class of security:
ZOTEFOAMS 5P ORDINARY SHARES

10  Date of transaction:
26 MARCH 2001

11  Date company informed:
27 MARCH 2001

12  Total holding following this notification:
3,653,738

13  Total percentage holding of issued class following this notification:
10.07%

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:
27 MARCH 2001


Additional Information: