RNS Number:9469N
TranXenoGen Inc
29 November 2001

SCHEDULE 11

NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

  1. Name of Company
    TranXenoGen Inc.

  2. Name of Director
    George Uveges

  3. Please state whether notification indicates that it is in respect of holding
    of the shareholder named in 2 above or in respect of a non beneficial
    interest or in the case of an individual holder if it is a holding of that
    person's spouse or children under the age of 18 or in respect of a
    non-beneficial interest
    As 2 Above

  4. Name of the registered holder(s) and, if more than one holder, the number of
    shares held by each of them (if notified)
    N/A

  5. Please state whether notification relates to a person(s) connected with the
    Director named in 2 above and identify the connected person(s)
    As 2 Above

  6. Please state the nature of the transaction. For PEP transactions please
    indicate whether general/single co PEP and if discretionary/non
    discretionary
    Grant of Options

  7. Number of shares/amount of Stock acquired

  8. Percentage of issued class

  9. Number of shares/amount of stock disposed

  10. Percentage of issued class

  11. Class of security

  12. Price per share

  13. Date of transaction

  14. Date company informed

  15. Total holding following this notification

  16. Total percentage holding of issued class following this notification

    If a director has been granted options by the company please complete the
    following boxes

  17. Date of grant
    22 October 2001

  18. Period during which or date on which exercisable
    22 October 2001 - 22 October 2011

  19. Total amount paid (if any) for grant of the option
    Nil

  20. Description of shares or debentures involved: class, number
    700,000 shares of Common Stock of Par Value US$0.001

  21. Exercise price (if fixed at time of grant) or indication that price is to be
    fixed at time of exercise
    $2.54 per Share

  22. Total number of shares or debentures over which options held following this
    notification
    As in 20 Above


  23. Any additional information
    Vest 25% each year (first Vesting 22 October 2002)

  24. Name of contact and telephone number for queries
    Marc Rubenstein at Ropes & Gray 001 617 951 7826

  25. Name and signature of authorised company official responsible for making
    this notification
    Wayne Slyfield @ WestLB Panmure Limited 020 7020 5106

  26. Date of Notification
    29 November, 2001


    END