Statement re Possible Acqn

ASCOT PLC
27 September 1999


Date:         27 September 1999

Contacts:     Howard Dyer, Executive Chairman
              Ascot Plc                                       0171 815 0805

              David Bick
              Holborn Public Relations                        0171 929 5599
                                                 [e-mail]


                                  ASCOT Plc


The Board of Ascot Plc has noted yesterday's press reports regarding the
possible acquisition of the 70% of ChiroTech Technology Limited from Celltech
Chiroscience plc that Ascot does not already own.

The Board confirms that Ascot continues to have a put or call option following
a standstill of the existing shareholder agreement between Ascot and
Chiroscience and that discussions are continuing between the parties regarding
this matter.

A further announcement will be made when appropriate.