SCHEDULE 5

                       BLOCK LISTING SIX MONTHLY RETURN                        

To: Listing Applications

UK Listing Authority

Financial Services Authority

25, The North Colonnade

Canary Wharf

London, E14 5HS

Please ensure the entries on this return are type

1. Name of company Oxford Instruments plc                                      

2. Name of scheme Save As You Earn Share Option Scheme (Ref: A/504/1998)       

3. Period of return: From **1 July 2003**to*31 December 2003*********..        

4.  Number and class of share(s) (amount                                       
    of stock/debt security) not issued                                         
    under scheme 49,602                                                        

5.  Number of shares issued/allotted                                           
    under scheme during period: Nil                                            

6.  Balance under scheme not yet issued/                                       
    allotted at end of period 49,602                                           

7.  Number and class of share(s) (amount                                       
    of stock/debt securities) originally                                       
    listed and the date of admission;                                          
    375,234 Ordinary Shares                                                    

Please confirm total number of shares in issue at the end of the period in     
order for us to update our records                                             
                                                                               
47,925,824                                                                     

Contact for queries: Della Gorham       Address: Old Station Way, Eynsham, Oxon
                                        OX29 4TL                               

Name:Della Gorham                       Telephone:01865 884657                 

Person making return Name:****Della Gorham***************.

Position: Assistant Company Secretary****.Signature:******************



END