RNS Number:8136K
Protherics PLC
07 May 2003


   Not for release, publication or distribution in or into the United States,
                           Canada, Australia or Japan


                         Protherics plc ("Protherics")

                          Cash Placing and Open Offer

                           by WestLB Panmure Limited

                                    of up to

                 18,804,468 new ordinary shares of 2 pence each

                             at 16 pence per share

                              Posting of Circular


WestLB Panmure Limited announces that the Circular relating to the Cash Placing
and Open Offer announced on 2 May 2003 of up to 18,804,468 new ordinary shares
of 2 pence each at 16 pence will be posted to shareholders of Protherics today.
Application forms should be received by 3.00 p.m. on 30 May 2003.


7 May 2003


Enquiries:


WestLB Panmure                               020 7020 4000

Juliet Thompson


WestLB Panmure Limited, which is regulated in the United Kingdom by The
Financial Services Authority, is acting exclusively for Protherics in connection
with the Offer and no-one else and will not be responsible to anyone other than
Protherics for providing the protections afforded to customers of WestLB Panmure
Limited, nor for giving advice in relation to the Offer.

The Offer will not be made, directly or indirectly, in or into, or by use of the
mails of or by any means or instrumentality (including, without limitation,
facsimile transmission, telex or telephone) of interstate or foreign commerce
of, or of any facilities of a national securities exchange of, the United States
nor will it be made in or into Canada, Australia or Japan and the Offer will not
be capable of acceptance by any such use, means, instrumentality or facilities
or from within the United States, Canada, Australia or Japan.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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