AGM Statement

Zotefoams PLC
28 April 2005

28 April 2005



                                 Zotefoams plc

                                 AGM Statement

At the Annual General Meeting being held this morning the Chairman, Bill
Fairservice, will give the following update to shareholders:


'We are satisfied with the progress that Zotefoams has made so far this year.
Trading to date in 2005 has been in line with our expectations. North America
continues to be a key driver of our business and, while foreign exchange rates
remain challenging, they have not negatively impacted our trading.  Raw
materials continue to command an increased price compared with the average of
2004, although they are currently below the highs experienced earlier this year.


Progress in creating a portfolio of new products, including ZOTEK (R)
fluoropolymer foams which were launched in 2004 and current development grades
of both nylon and silicone foam, is in line with our expectations.


The Board announced on 14 January 2005 that it had received a very preliminary
approach that may or may not lead to an offer being made for the entire issued
share capital of Zotefoams. The Board remains in discussions with a number of
parties. There is no certainty that an offer will be made. A further
announcement about this matter will be made in due course.'


The Company will announce its interim results on 18 August 2005.


Enquiries:

Zotefoams plc                                          020 8664 1600
David Stirling, Managing Director
Clifford Hurst, Finance Director

Financial Dynamics                                     020 7831 3113
Deborah Scott





ZOTEK(R) is a registered trademark of Zotefoams plc


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