Corporate Action

Aortech International PLC
12 February 2001


ENTITLEMENT ISSUE
SECURITY TITLE 
* Ord Shs
MNEMONIC CODE           *  AOR
SEDOL CODE              *  040-211
TERMS                   *  Open Offer to Qualifying Shareholders of New Ordinary
                           Shares on a pro-rata basis. The Offer Price will be 
                           announced on or around 08-03-01 following a book-    
                           building process at the  end of the International    
                           Offering. 
EX DATE                 *  12-02-01
RECORD DATE             *  05-02-01
SPLITTING APPLICATION FORMS * 05-03-01 3:00pm 
RECEIPT OF APPLICATION FORMS * 07-03-01 3:00pm
DEALING COMMENCE NEW SHARES * 13-03-01
NOTES *