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Lipoxen PLC (XEN)

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Tuesday 24 January, 2006

Lipoxen PLC

Holding(s) in Company

Lipoxen PLC
24 January 2006

                    LIPOXEN PLC ('LIPOXEN' OR THE 'COMPANY')

                              Holdings in Company

Under sections 198 - 202 of the Companies Act 1985 and Rule 17 of the AIM Rules,
the following information falls to be disclosed.

 Name of Shareholder      Date Company       Number of Shares    Class of Shares   Percentage of issued and
                            Notified               Held                                  outstanding

Gartmore Smaller        20 January 2006         4,751,142           Ordinary                4.877%
Companies Trust PLC

The Alphagen Volantis   20 January 2006         3,000,142           Ordinary                3.080%
Fund Limited



Gartmore Investment Limited, as discretionary investment manager of several
clients and client funds (including the shareholders listed in the above table),
is currently interested in a total of 10,400,000 ordinary shares of the Company,
representing 10.676% of the current issued and outstanding share capital of the
Company.


                      This information is provided by RNS
            The company news service from the London Stock Exchange