Holding(s) in Company

Zotefoams PLC
28 February 2003


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

Zotefoams plc


2. Name of shareholder having a major interest

Alveo AG


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

Alveo AG


4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them

Alveo AG


5. Number of shares / amount of stock acquired

368,562


6. Percentage of issued class

1.02%


7. Number of shares / amount of stock disposed




8. Percentage of issued class




9. Class of security

Zotefoams plc 5p ordinary shares


10. Date of transaction

27 February 2003






11. Date company informed

28 February 2003


12. Total holding following this notification

3,465,762


13. Total percentage holding of issued class following this notification

9.56%


14. Any additional information

-


15. Name of contact and telephone number for queries

Contact: Ms Hester Lamprecht Tel: [phone]


16. Name and signature of authorised company official responsible for making
this notification

Mr Clifford Hurst


Date of notification

28 February 2003


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