Application has been made to The UK Listing Authority and the London Stock
Exchange for a block listing of 400,000 Ordinary shares of 0.05p each under the
Oxford Instruments Save As You Earn Scheme, to trade on the London Stock
Exchange and to be admitted to the Official List upon issuance. The shares
shall rank pari passu with the existing issued shares of the Company.

Copies of this announcement are available from the office of Cazenove & Co. Ltd
for the period of 2 business days from the date hereof.



END