AGM Statement

Zotefoams PLC 10 May 2007 10 May 2007 Zotefoams plc (the 'Company') AGM Statement At today's Annual General Meeting of Zotefoams plc Nigel Howard, the Company's Chairman, will make the following statement: 'Trading in the first four months of this year is, overall, in line with our expectations. In Polyolefins, moderate growth in the UK and European markets compared to the same period in 2006 has been offset by slower sales in North America, where last year we had a strong start and benefited from more favourable exchange rates. Sales of High-Performance Polymers are currently at a similar level to the equivalent period in 2006 but as we stated in our preliminary results on 6 March 2007, confirmed orders received in 2007 are already in excess of 2006 total sales. We are also working on a number of exciting additional projects in our key target markets of aerospace, pharmaceutical and semiconductor. Although the timing of sales from these opportunities is uncertain we believe they will offer good future potential for the business. We therefore remain confident of the Company's prospects.' Enquiries: Zotefoams plc 0208-664-1600 David Stirling, Managing Director Clifford Hurst, Finance Director Financial Dynamics Limited 0207-831-3113 Ben Brewerton This information is provided by RNS The company news service from the London Stock Exchange

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Zotefoams (ZTF)
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