Holding(s) in Company

Zotefoams PLC
07 March 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, a subsidary of Sekisui Chemical Co. 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

Alveo AG, a subsidary of Sekisui Chemical Co. Limited


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

HSBC Global Custody Nominees (UK) Limited


5. Number of shares / amount of stock acquired

-


6. Percentage of issued class

-


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

-






11. Date company informed

7 March 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
 Change in registered holder from Alveo AG to HSBC Global Custody Nominees (UK) Limited. Beneficial owner
remains the same.



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

7 March 2003


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