Business Update

Aortech International PLC 04 July 2007 4 July 2007 AorTech International plc ('AorTech' or the 'Company') Business Update AorTech International (AIM:AOR), the medical device development and biomaterials company today provides an update on the Company in relation to its Elast-EonTM co-polymer and associated products. As announced in the interim results on 6 December 2006 the robust condition of the Company's polymer licensing and supply business has provided the basis for the Company to be selective in its choice of partners for its Elast-EonTM co-polymer and associated products, such as cardiac pacing leads, heart valves and breast implants amongst others. The Company is pleased to announce that its discussions with various partners continue to proceed in line with expectations and the Board intends to update shareholders once agreements are finalised. Further to the above, the Board also confirms it is pursuing a number of financing strategies, including an equity raise, to provide development capital and to strengthen the balance sheet of the Company. - Ends - For further information please contact: AorTech International plc Frank Maguire, Chief Executive Tel: + 1 801 201 4336 Evolution Securities Bobbie Hilliam Tel: +44 20 7071 4300 Chris Clarke Hogarth Partnership Limited Tel: +44 20 7357 9477 Melanie Toyne-Sewell/Sarah Richardson This information is provided by RNS The company news service from the London Stock Exchange
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