Holding(s) in Company

Aortech International PLC 24 August 2007 TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii): AorTech International plc 2. Reason for the notification (please state Yes/No): ( ) An acquisition or disposal of voting rights: (Yes ) An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( ) An event changing the breakdown of voting rights: ( ) Other (please specify): ( ) 3. Full name of person(s) subject to the notification obligation (iii): GAM International Management Limited 4. Full name of shareholder(s) (if different from 3.) (iv): 5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v): 20 August 2007 6. Date on which issuer notified: 22 August 2007 7. Threshold(s) that is/are crossed or reached: 5% 8. Notified details: A: Voting rights attached to shares Class/type of shares if possible using Situation previous to the Triggering transaction the ISIN CODE (vi) Number of shares Number of voting Rights (viii) GB0033360586 0 0 Resulting situation after the triggering transaction (vii) Less than 3% Class/type of shares Number of shares Number of voting rights % of voting rights if possible using the (ix) ISIN CODE Direct Direct (x) Indirect (xi) Direct Indirect GB0033360586 196,077 196,077 5.15% B: Financial Instruments Resulting situation after the triggering transaction (xii) Type of Expiration Date Exercise/Conversion Number of voting rights % of voting rights financial (xiii) Period/Date (xiv) that may be acquired if instrument the instrument is exercised/ converted. N/A N/A N/A N/A N/A Total (A+B) Number of voting rights % of voting rights 196,007 5.15% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv): GAM International Limited is the discretionary investment manger for the following: +-----------------------------+--------------------+-------------------------+-------------------+ |Fund Name |Last Trade Date |Nominal |% of Issue | +-----------------------------+--------------------+-------------------------+-------------------+ |GAM Star UK Dynamic Equity |20 August 2007 |61,790.00 |1.622 | |Investments | | | | | | | | | | | | | | +-----------------------------+--------------------+-------------------------+-------------------+ |GAM UK Equity Hedge |20 August 2007 |134,287.00 |3.524 | |Investments Inc. | | | | +-----------------------------+--------------------+-------------------------+-------------------+ Period of Interest 12 August 2007 to 22 August 2007 Security AorTech International plc GBP2.50 ISIN GB0033360586 SEDOL 3336058 Uptix Code 3336058 Number of shares in issue 3,810,278.00 Proxy Voting: 10. Name of the proxy holder: Institutional Shareholder Services 11. Number of voting rights proxy holder will cease to hold: n/a 12. Date on which proxy holder will cease to hold voting rights: n/a 13. Additional information: n/a 14. Contact name: n/a 15. Contact number: n/a Annex to Notification Of Major Interests In Shares (xvi) A: Identity of the person or legal entity subject to the notification obligation Full name (including legal form for legal entities): GAM International Management Limited Contact address (registered office for legal entities): 12 St James's Place, London SW1A 2NX Phone number: 020 7917 2356 Other useful information (at least legal representative for legal persons): B: Identity of the notifier, if applicable (xvii) Full name: Barbara Hall Contact address: As above Phone number: As above Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation) n/a This information is provided by RNS The company news service from the London Stock Exchange
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