BioProgress plc Announces - Holding(s) in Company - 2


Cambridge, UK, Dec. 13, 2004 (PRIMEZONE) --



                             SCHEDULE 10
                 NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

BioProgress plc

2. Name of shareholder having a major interest

Man Financial Limited

3. Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18.

As above

4. Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them

Not stated

5. Number of shares/amount of stock acquired

Not disclosed

6. Percentage of issued class

Not disclosed

7. Number of shares/amount of stock disposed

Not disclosed

8. Percentage of issued class

Not disclosed

9. Class of security

Ordinary shares of 1p each

10. Date of transaction

4 November 2004

11. Date company informed

5 November 2004

12. Total holding following this notification

3,994,014

13. Total percentage holding of issued class following this notification

3.92%

14. Any additional information

15. Name of contact and telephone number for queries

Elizabeth Edwards, 01354 655674

16. Name and signature of authorised company official responsible for making this notification.

Elizabeth Edwards Company Secretary

Date of notification: 5 November 2004



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