Holding(s) in Company

Phytopharm PLC 2 June 2003 Phytopharm PLC (the 'Company') Notification of major interests in shares The Company received notification on 30 May 2003 from AMVESCAP PLC (AMVESCAP) and subsidiary companies on behalf of discretionary clients that following the purchase of 537,020 shares on 29 May 2003 AMVESCAP has an interest within the meaning of Part VI of the Act in 9,763,882 Ordinary 1p Shares. This represents 25.25% of the issued share capital. Details of that interest, together with a breakdown between registered holders (as required by Section 202(3) of the Act), are set out below:- Vidacos Nominees Limited 7,474,588 HSBC Nominees Limited 1,278,555 Bank of New York Nominees Limited 503,533 Chase Nominees Limited 325,536 Northern Trust Nominees Limited 174,720 CM Investment Nominees Limited 6,950 None of these shares are beneficially owned by AMVESCAP. Subsidiary companies of AMVESCAP have a large number of portfolio management clients for whom they act as investment manager and investment advisor and by virtue of Section 203 of the Companies Act 1985 AMVESCAP is deemed to have the same interest in the shares. The above holding includes 4,021,780 shares representing 10.40% held by INVESCO Perpetual Income Fund and 1,296,134 shares representing 3.35% held by INVESCO Perpetual UK Growth Fund, both registered in the name of Vidacos Nominees Limited. This information is provided by RNS The company news service from the London Stock Exchange

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