Holding(s) in Company

Phytopharm PLC
14 April 2008



TR-1: notification of major interests in shares

1. Identity of the issuer or the underlying                Phytopharm plc
issuer of existing shares to which voting rights        
are attached:

2. Reason for the notification (please tick the appropriate box or
boxes)                                                                      

An acquisition or disposal of voting rights                               YES

An acquisition or disposal of financial instruments which may result in      
the acquisition of shares already issued to which voting rights are       
attached

An event changing the breakdown of voting rights                             
                              
Other (please specify): Placing                                              

3. Full name of person(s) subject to the            Gartmore Investment Limited
notification obligation:                                

4. Full name of shareholder(s) (if different           See attached schedule
from 3.):                                              

5. Date of the transaction (and date on which                 28/03/08
the threshold is crossed or reached if                  
different)

6. Date on which issuer notified:                             09/04/08
                         
7. Threshold(s) that is/are crossed or reached:                5%
                               
8. Notified details:                                        

A: Voting rights attached to shares
Class/type  Situation previous  Resulting situation after the triggering
of shares   to the Triggering   transaction
            transaction
if possible
using the   Number  Number of   Number of   Number of voting    % of voting
ISIN CODE   of      Voting      shares      rights              rights
            Shares  Rights
                                Direct      Direct Indirect xi  Direct Indirect
                                            x
Ordinary 1
Pence       Nil     Nil          5,293,784  Nil     5,293,784   Nil     5.599%
GB000686972

B: Financial Instruments
Resulting situation after the triggering transaction
Type of     Expiration Exercise/     Number of voting rights that may   % of
financial   date       Conversion    be acquired if the instrument is   voting
instrument             Period/ Date  exercised/ converted.              rights


Total (A+B)
Number of voting rights                      % of voting rights
5,293,784                                     5.599%

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:

   Name of the Company/Fund     Number of Shares     % of issued share capital
Gartmore Fund Managers Ltd A/C
Gartmore UK & Irish Smaller
Companies                              1,527,308                         1.615%
Indirect
Gartmore Investment Limited -
Gartmore Fledgling Trust plc           2,391,900                         2.530%
Indirect
Gartmore Investment Limited -
Strathclyde Pension Fund               1,374,576                         1.454%
Indirect
                  Total direct         Nil                      Nil
                Total Indirect         5,293,784                         5.599%
                       Total           5,293,784                         5.599%
Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional           Notification using the total voting rights figure of
information:             94,544,038

14. Contact name:        Zoe McGowan, Company Secretary

15. Contact
telephone
number:                  01480 437697




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