Temporary Productn Suspension

Zotefoams PLC 23 October 2000 Zotefoams plc Temporary production suspension at Croydon facility Zotefoams plc announces that, following a fire yesterday at its Croydon facility, production has been temporarily suspended. While the majority of the facility's production areas and machinery appear unaffected, the fire has caused extensive damage to the despatch, technical, maintenance and engineering projects departments. Considerable damage has also been caused to the company's stocks of raw materials and finished goods. While the company has insurance cover in place for damage caused by fire to stocks, buildings and plant and for consequential business interruption, it is too early at this stage to fully quantify the extent of the damage in terms of cost. An assessment of the financial impact and an announcement regarding the resumption of production will be made as soon as possible. Enquiries: Financial Dynamics 020 7831 3113 Tom Baldock

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Zotefoams (ZTF)
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