Update on Discussions

Zotefoams PLC 18 August 2005 18 August 2005 Zotefoams plc Update on discussions Further to the announcement on 14 January 2005 and the subsequent updates on 8 March 2005 and 28 April 2005 the Board confirms that discussions with a number of parties are continuing. Shareholders should however note that all the indicative offer terms that have been received are at levels below the closing mid market share price on 17 August 2005 of 87.5 pence. There can be no certainty that an offer will be made nor as to the terms on which any offer might be made. This announcement is not being made with the agreement or approval of the potential offerors. A further announcement will be made in due course. Enquiries: Zotefoams plc 020 8664 1600 David Stirling, Managing Director Clifford Hurst, Finance Director Financial Dynamics 020 7831 3113 Deborah Scott/Sarah Macleod This information is provided by RNS The company news service from the London Stock Exchange

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