Director Dealings

ABZENA PLC

("Abzena", the "Company" or the "Group")

Director Dealings

12 December 2014

Cambridge, UK - Abzena plc (AIM: ABZA), was today notified Julian Smith (Chief Financial Officer) that he has transferred ordinary shares in Abzena into his personal pension.

Julian Smith has transferred 170,000 ordinary shares in Abzena at a price of 77.8 pence per share into his personal pension. This transaction has no effect on Julian Smith's beneficial ownership; he continues to hold a total direct and indirect voting right interest in 262,084 ordinary shares in Abzena, being approximately 0.269% of the issued ordinary share capital of Abzena of 97,428,858 ordinary shares of £0.002.

For more information, please contact:

John Burt (Chief Executive Officer)

Julian Smith (Chief Financial Officer)

Abzena plc

Tel: +44 (0)1223 903498

Email: [email protected] or [email protected]

Christopher Golden and Bobbie Hilliam

Cenkos Securities (Nominated Adviser and Broker)

Tel: +44 (0)20 7397 8900

Mark Swallow, Sita Taylor or Chris Gardner

Citigate Dewe Rogerson (Corporate and Financial PR)

Tel: +44 (0)20 7638 9571

Email: [email protected]