Settlement of Legal Proceedings

AorTech International Plc ("Aortech" or the "Company")

As previously announced, AorTech had agreed to a mediation process to resolve the dispute with SynCardia. AorTech is now able to announce that a settlement has been reached. The terms of the settlement are confidential. However, AorTech can confirm that there will be no adjustment required to the AorTech group balance sheet as a result of the Settlement Agreement.

Enquiries:

AorTech International plc

Bill Brown, Chairman

Tel: +44 (0) 7730 718296

finnCap

Stuart Andrews/Rose HerbertfinnCap as Nominated AdviserTel: 020 7220 0500