Agreement

Surgical Innovations Group PLC 13 April 2004 Surgical Innovations Group plc Agreement 13 April 2004 Surgical Innovations Group plc ('SI') is pleased to announce that it has entered into a cross-licensing agreement with Applied Medical Resources, ('Applied'), a leading US medical device manufacturer with an extensive product line in laparoscopic abdominal access systems. Under the terms of the agreement, SI will retain the manufacturing, marketing and distribution rights to the single-use port access system, Variglide, for up to three years; thereafter, Applied will be granted worldwide manufacturing and distribution rights in return for royalty payments. In addition, SI will be provided with an indefinite licence for the reusable port access system, YelloPort, currently its most successful worldwide product. Entering into this agreement removes any potential concerns for SI regarding the patent position of both systems and gives SI unlimited access into the USA for the YelloPort device. In addition, SI and Applied have agreed to co-operate more closely to explore future opportunities that may lead to mutually beneficial product development projects. Doug Liversidge, Chairman, said 'We are delighted with the friendly discussions that have taken place with Applied which have prevented future patent infringement issues for SI but, more importantly, have created a long term relationship with Applied in the area of joint product development.' Further Information: Surgical Innovations Group D. Liversidge, Chairman Tel: +44 (0) 7798 892918 G. Bowland, Finance Director Tel: +44 (0) 113 230 7597 C. Glass, Non-executive Director Tel: +44 (0) 7831 258494 Westhouse Securities LLP Philip Johnson Tel: +44 (0) 161 838 9140 This information is provided by RNS The company news service from the London Stock Exchange
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