Trading Statement

Zotefoams PLC
27 June 2003

June 27th 2003



Zotefoams plc

                                 ('Zotefoams')



                               Period End Update





In line with comments made in our AGM statement, Zotefoams believes that overall
moderate sales growth will be achieved this year.  However, trading conditions
in Europe have deteriorated recently and in the UK a major customer has
significantly reduced its forecast requirement due to conditions in their export
markets.



As indicated previously, our fixed costs, including depreciation and property
rates, have increased significantly this year and with the deterioration in the
European and UK sales outlook we now expect profit for the financial year to be
slightly below that of last year.



The Group's interim results for the six months ending 30th June 2003 will be
announced on Tuesday 12th August 2003.





                                     -ENDS-


Enquiries:

Zotefoams plc                                         020 8664 1600

David Stirling, Managing Director
Clifford Hurst, Finance Director

Financial Dynamics                                    020 7831 3113

Charlie Armitstead




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