Notification of Interest

Zotefoams PLC
31 October 2002

Notification of Interest in Zotefoams plc ('Zotefoams')



Zotefoams plc was notified on 29th October under the Companies Act 1985 that
Alveo AG ('Alveo'), a subsidiary of Sekisui Chemical Co. Limited ('Sekisui'),
has an interest in 3,097,200 shares of the Company. This represents 8.54% of
Zotefoams' issued ordinary share capital.



Prior to this notification Zotefoams had been informed that Alveo and its parent
company Sekisui held 2,797,200 shares(7.72%).  These shares were registered in
the name of Alveo.



ENDS


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