Issue of Equity

Aortech International PLC
29 May 2001


                          AORTECH INTERNATIONAL PLC



AorTech International plc announces that following significant institutional
demand, the Company has today, pursuant to powers granted at the EGM on 9 May
2001, agreed to issue 1,623,971 new Ordinary Shares at a price of 376 pence
per share raising approximately £6.1 million net for the Company. The shares
issued equate to approximately 4.45% of the issued share capital.

The shares are being placed with the following investors:

3PC Investment Trust PLC

Edinburgh Fund Managers

Abbey National Asset Managers

LeggMason Investors

Application will be made for admission of the new Ordinary Shares to the
Official List of the UK Listing Authority and to trading on the main market of
The London Stock Exchange and it is expected that dealings will commence on 6
June 2001.

                                                                   29 May 2001


ENQUIRIES:

AorTech International plc                        Tel: [phone]
Ian Cameron, Finance Director

College Hill                                     Tel: [phone]
Michael Padley
Nicholas Nelson