Director Shareholding

Zotefoams PLC
08 April 2004


                         Zotefoams plc ('the Company')
                            Directors' Shareholdings

The Company announces that the following directors have been granted options
over ordinary 5p shares of the Company ('Ordinary Shares') as set out below. The
options were all granted for nil consideration (apart from the Inland Revenue
Approved Scheme grant to C G Hurst where the consideration is £1) and all the
options have an exercise price of 72.5p per Ordinary Shares. The options are
only exercisable in the event that the Company achieves certain performance
criteria.

Director         Number of   Exercise period                       Company Share
                 options                                                Option
                                                                        Scheme

David B Stirling   246,280   07.04.2007 to 06.04.2014                Executive

Anthony Eldrett    189,589   07.04.2007 to 06.04.2014                Executive

Clifford G Hurst    41,379   07.04.2007 to 06.04.2014             Inland Revenue
                                                                      Approved
                   178,895   07.04.2007 to 06.04.2014                Executive

In addition to the above option awards Mr Stirling, Mr Eldrett and Mr Hurst hold
the following options over Ordinary Shares:

Director     Number            Exercise  Exercise period           Company Share
             of                price                                  Option
             options                                                   Scheme

Mr Stirling   12,337             77.0p  01.06.2005 to            Savings Related
                                        01.12.2005
              176,470            93.5p  24.04.2004 to                Executive
                                        23.04.2011
              210,093            80.5p  20.08.2005 to                Executive
                                        19.08.2012
              217,748            80.0p  18.3.2006 to 17.3.2013       Executive
               37,500            80.0p  18.3.2006 to 17.3.2013    Inland Revenue
                                                                      Approved

Mr Eldrett    161,731            80.5p  20.08.2005 to                Executive
                                        19.08.2012
               37,500            80.0p  18.3.2006 to 17.3.2013    Inland Revenue
                                                                      Approved
              167,624            80.0p  18.3.2006 to 17.3.2013       Executive

Mr Hurst       12,337            77.0p  01.06.2005 to            Savings Related
                                        01.12.2005
              125,133            93.5p  24.04.2004 to                Executive
                                        23.04.2011
              148,975            80.5p  20.08.2005 to                Executive
                                        19.08.2012
              154,403            80.0p  18.3.2006 to 17.3.2013       Executive

8 April 2004



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