Corporate Action

Aortech International PLC
7 March 2001

CANCELLATION OF EX ACTION
SECURITY TITLE
*Ord Shs
MNEMONIC CODE           *AOR
SEDOL CODE              *040-211

On information supplied to the Department, the Entitlement Issue was made Ex All
on the 12-02-01.

The Department has been informed that the Company will not proceed with the
equity offering at this time.

The notice making the security Ex All is automatically cancelled in accordance
with the provisions of Rule A5.6.