RNS Number:7607I
Cambridge Antibody Tech Group PLC
7 April 2000


CAMBRIDGE ANTIBODY TECHNOLOGY GROUP PLC ("CAT")

EXERCISE OF OVER ALLOTMENT OPTION

Deutsche Bank AG London announces that it has partially
exercised the Over-Allotment Option referred to in the
Prospectus relating to the Open Offer and International
Offering of Ordinary Shares in CAT, dated 7 March 2000
and that the stabilisation period has now closed.  There
will be no further exercise of the Over-Allotment Option.

Pursuant to the partial exercise of the Over-Allotment
Option, CAT will issue a further 145,667  New Ordinary
Shares.

For further information contact Tom Kennedy on 020 7545
6298.

From: Deutsche Bank AG London


END
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