RNS No 5593r
CAMBRIDGE ANTIBODY TECHNOLOGY GROUP
17th March 1998

Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
Cambridge Antibody Technology

2   Name of shareholder having a major interest:
Merrill Lynch & Co. Inc.

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:
Shareholder as in 2

4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
As in 2

5   Number of shares/amount of stock acquired:


6   Percentage of issued class:


7   Number of shares/amount of stock disposed:
Not known

8   Percentage of issued class:


9   Class of security:
10p ordinary shares

10  Date of transaction:
Not known

11  Date company informed:
March 16th 1998

12  Total holding following this notification:
Less than notifiable interest

13  Total percentage holding of issued class following this notification:
Not known

14  Contact name for queries:
Diane Mellett

15 Contact telephone number:
01763 263 233

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

17  Date of notification:
17 March 1998

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

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:
As 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 Ltd (designated and undesignated) Other names shareholding
unknown.

5   Number of shares/amount of stock acquired:


6   Percentage of issued class:


7   Number of shares/amount of stock disposed:
unknown

8   Percentage of issued class:


9   Class of security:
10p ordinary share

10  Date of transaction:
unknown

11  Date company informed:
16 March 1998

12  Total holding following this notification:
Less than notifiable interest

13  Total percentage holding of issued class following this notification:
Unknown

14  Contact name for queries:
Diane Mellett

15 Contact telephone number:
01763 263 233

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

17  Date of notification:
17 March 1998



Additional Information:
Reports that Mercury Asset Management and consequently Merrill Lynch & Co Inc
no longer have a notifiable interest in the shareholding of the Company.


END

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