Director Shareholding

Cambridge Antibody Tech Group PLC
22 February 2001


Schedule 11 - Notification of interests of Directors and Connected Persons

1   Name of company:
Cambridge Antibody Technology

2   Name of director:
David Glover

3   Please state whether notification indicates that it is in respect of     
holding of the director named in 2 above or holding of that person's spouse or
children under the age of 18 or in respect of a non- beneficial interest:
As in 2

4   Name of registered holder(s) and, if more than one holder, the number of 
shares held by each of them (if notified):
As in 2

5   Please state whether notification relates to a person(s) connected with  
the director named in 2 above and identify the connected person(s):


6   Please state the nature of the transaction. For PEP transactions please  
indicate whether general/single co PEP and if discretionary/non discretionary:
Exercise of 30,000 Options and sale of 29,000 of that 30,000 shares granted
under company share option scheme

7   Number of shares/amount of stock acquired:
30,000

8   Percentage of issued class:
0.08%

9   Number of shares/amount of stock disposed:
29,000

10  Percentage of issued class:
0.08%

11  Class of security:
Ordinary 10p shares

12  Price per share:
£32.00

13  Date of transaction:
21 February 2001

14  Date company informed:
21 February 2001

15  Total holding following this notification:
10,417

16  Total percentage holding of issued class following this notification:
0.03%

If a director has been granted options by the company, please complete the
following fields:

17  Date of grant:


18  Period during which or date on which exercisable:


19  Total amount paid (if any) for grant of the option:


20  Description of shares or debentures involved: class, number:


21  Exercise price (if fixed at time of grant) or indication that price is to
be fixed at time of exercise:


22  Total number of shares or debentures over which options held following
this notification:


23  Contact name for queries:
Diane Mellett

24  Contact telephone number:
01223 263233

25  Name of company official responsible for making notification:
Company Secretary




Schedule 11 - Notification of interests of Directors and Connected Persons

1   Name of company:
Cambridge Antibody Technology

2   Name of director:
Kevin Johnson

3   Please state whether notification indicates that it is in respect of     
holding of the director named in 2 above or holding of that person's spouse or
children under the age of 18 or in respect of a non- beneficial interest:
As in 2

4   Name of registered holder(s) and, if more than one holder, the number of 
shares held by each of them (if notified):
As in 2

5   Please state whether notification relates to a person(s) connected with  
the director named in 2 above and identify the connected person(s):


6   Please state the nature of the transaction. For PEP transactions please  
indicate whether general/single co PEP and if discretionary/non discretionary:
Exercise and sale of 15,758 options granted under company share option scheme

7   Number of shares/amount of stock acquired:
15,758

8   Percentage of issued class:
0.04%

9   Number of shares/amount of stock disposed:
15,758

10  Percentage of issued class:
0.04%

11  Class of security:
Ordinary 10p share

12  Price per share:
£32.00

13  Date of transaction:
21 February 2001

14  Date company informed:
21 February 2001

15  Total holding following this notification:
63,717

16  Total percentage holding of issued class following this notification:
0.18%

If a director has been granted options by the company, please complete the
following fields:

17  Date of grant:


18  Period during which or date on which exercisable:


19  Total amount paid (if any) for grant of the option:


20  Description of shares or debentures involved: class, number:


21  Exercise price (if fixed at time of grant) or indication that price is to
be fixed at time of exercise:


22  Total number of shares or debentures over which options held following
this notification:


23  Contact name for queries:
Diane Mellett

24  Contact telephone number:
01763 263233

25  Name of company official responsible for making notification:
Company Secretary





Additional Information: