CAT Catco Reinsurance Opportunities Fund Limited

RNS No 1070p
CAMBRIDGE ANTIBODY TECHNOLOGY GROUP PLC


Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
Cambridge Antibody Technology

2   Name of shareholder having a major interest:
Mercury Asset Management plc

3   Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a non-beneficial
interest or in the case of an individual holder if it is a holding of that
person's spouse or children under the age of 18:
For Shareholder named in 2

4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
Nutraco Nominees Limited(Designated and Undersigned) 1,043,000
Other Name(s)                                        1,591,225

5   Number of shares/amount of stock acquired:


6   Percentage of issued class:


7   Number of shares/amount of stock disposed:
200,000

8   Percentage of issued class:
0.9%

9   Class of security:
10p ordinary shares

10  Date of transaction:
unknown

11  Date company informed:
December 24 1997

12  Total holding following this notification:
2,634 225

13  Total percentage holding of issued class following this notification:
11.88%

14  Contact name for queries:
Diane Mellett

15 Contact telephone number:
01763 269 245

16  Name of company official responsible for making notification:
Diane Mellett Company Secretary

17  Date of notification:
December 24 1997


Additional Information:

END

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