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ABBOTT AND AXIS-SHIELD ANNOUNCE US CLEARANCE FOR AXSYM BNP TEST FOR HEART FAILURE - Elevated Levels of B-type Natriuretic Peptide (BNP) are Associated with Cardiac Dysfunction and the Severity of Heart Failure Dundee, Scotland, and Abbott Park, Illinois, 3 February 2004 – Axis-Shield plc (LSE, OSE: ASD) and Abbott Laboratories today announce that Axis-Shield has received clearance from the US Food and Drug Administration for a B-type Natriuretic Peptide (BNP) test for use on Abbott's AxSYM® automated immunoassay instrument system. BNP is a cardiac marker used in the diagnosis of heart failure and assessment of its severity. It is expected that the AxSYM BNP test will be available in the United States later this month. In November, Abbott introduced the test in major markets outside the United States and Japan. Joseph M Nemmers, senior vice president, Diagnostics Operations, Abbott Laboratories, said: "We are delighted that an automated BNP test will now be available to hospitals and clinical laboratories in the United States who use Abbott's AxSYM instrument system. With AxSYM BNP, physicians will have another important cardiac test to improve patient care." BNP is a cardiac hormone secreted from the cardiac myocytes (muscle cells) as a response to increased blood pressure and volume overload. Levels of BNP have been shown to be elevated in patients with early signs of cardiac dysfunction and overt heart failure. BNP levels also can be used to assess the severity of heart failure, as demonstrated by the correlation with New York Heart Association classifications. Michael S Parmacek, chief of cardiovascular medicine, University of Pennsylvania, commented: "I find that BNP measurement greatly facilitates the clinical care of heart failure patients because it provides a quantitative and validated metric of disease severity." Svein Lien, Chief Executive Officer of Axis-Shield, said: "BNP represents another important marker that Axis-Shield is providing for Abbott’s widely- placed AxSYM system. This increasingly requested test, together with homocysteine, which is also associated with increased risk of cardiovascular disease, will help physicians make accurate clinical decisions in this major disease area.” Enquiries Axis-Shield plc Paul Garvey, Finance Director Svein Lien, CEO Tel: +44 1382 422000 Tel: +47 22 700616 Financial Dynamics David Yates / Sarah MacLeod Tel: +44 207 831 3113 Notes to Editors About Heart Failure Heart failure is a syndrome caused by a variety of conditions such as coronary artery disease, hypertension, valve disease, myocarditis and others. Common symptoms of heart failure include shortness of breath, coughing under exertion, swelling of arms and legs, and dizziness. Heart failure is better defined as the progressive inability of the heart ventricles to pump blood out to the lungs and/or the extremities. According to the American Heart Association, there are approximately five million cases of heart failure in the United States alone, with 550,000 new cases diagnosed each year. About Abbott Abbott Laboratories is a global, broad-based health care company devoted to the discovery, development, manufacture and marketing of pharmaceuticals, nutritionals, and medical products, including devices and diagnostics. The company employs more than 70,000 people and markets its products in more than 130 countries. Abbott's news releases and other information are available on the company's Web site at www.abbott.com. About Axis-Shield Axis-Shield is global manufacturer of in vitro diagnostic kits with a focus on new markers in cardiovascular, rheumatoid, infectious and alcohol-related diseases, diabetes, dementia and near patient testing to facilitate improved patient management. Axis-Shield has partnered with Abbott to introduce several new tests on both the IMx® and AxSYM® systems, Abbott's market-leading automated immunoassay analyzers. News releases and company information are available at www.axisshield.com.