RNS Number:2576U
PPL Therapeutics PLC
15 January 2004

Date:               Embargoed until 07.00 am, Thursday 15 January 2004

Contact:            Chris Greig, Chairman
                    Lindsay Dunsmuir, Chief Financial Officer
                    PPL Therapeutics plc
                    Telephone: 0131 440 4777

                    Alistair Mackinnon-Musson
                    Philip Dennis
                    Hudson Sandler
                    Telephone: 020 7796 4133
                    Email: ppl@hspr.co.uk



                          PPL Therapeutics plc ("PPL")


                          PPL Therapeutics plc ("PPL")
          Disposal, by public auction, of Laboratory Equipment

PPL announces that, on 14 January 2004, it held a public auction to sell certain
items of laboratory equipment from its research facility in the UK (the "
Laboratory Equipment"). The aggregate gross proceeds before selling expenses
receivable by PPL in respect of the auction is #192,000.  The proceeds will be
received in cash prior to 31 January 2004.

PPL will continue to provide further updates to shareholders at the appropriate
time.

                                    - ENDS -


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