Holding in Company

Zotefoams PLC
19 October 2001


Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
Zotefoams plc

2   Name of shareholder having a major interest:
Acorn Income Fund 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:
NOTIFIABLE INTEREST

4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
Forest Nominees Limited designation GCA15

5   Number of shares/amount of stock acquired:
525,000

6   Percentage of issued class:
1.45%

7   Number of shares/amount of stock disposed:


8   Percentage of issued class:


9   Class of security:
Ordinary 5p shares

10  Date of transaction:
18th October 2001

11  Date company informed:
19th October 2001

12  Total holding following this notification:
2,711,960

13  Total percentage holding of issued class following this notification:
7.48%

14  Contact name for queries:
Mr.Clifford Hurst

15 Contact telephone number:
0208 664 1653

16  Name of company official responsible for making notification:
Mr.Clifford Hurst

17  Date of notification:
19th October 2001





Additional Information: