Director Shareholding

Oxford Biomedica PLC 29 May 2001 Oxford BioMedica ('the Company') Director's Share Options and Dealings The Company has today granted options over 3,185,253 1p ordinary shares ('Ordinary Shares') at an exercise price of 53.5 pence per share, to Dr. Doug Jolly, who was today appointed CEO of the Company's US operation, BioMedica Inc. The above options are exercisable as to 25% from the 29 May 2002, with the balance becoming exercisable over the period up to 29 May 2005. The options cease to be exercisable on 29 May 2011. In connection with his appointment, Dr. Jolly has today subscribed for 50,000 Ordinary Shares at a price of 53.5 pence per Ordinary Share, representing 0.02% of the Company's current issued ordinary share capital. FURTHER INFORMATION Andrew Wood, Oxford BioMedica 01865 783000 29 May 2001
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