Open Offer - Applications

Aortech International PLC 24 February 2000 The Directors of AorTech International plc are pleased to announce that applications were received for 1,337,145 New Ordinary Shares in the Open Offer. Taken together with the entitlements of certain shareholders including J G Wright, Chairman and E. McDaid, Managing Director, who undertook not to apply for shares in the Open Offer and which have been placed firm with Institutional Investors, a total of 2,957,672 New Ordinary Shares were applied for in the Open Offer or placed firm. This represents approximately 98.33 per cent of the issue. The balance of the shares not taken up or placed firm will be subscribed for by Institutional investors under the terms of the Placing.
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