This paper addresses the problem of exponential stability analysis of two-dimensional (2D) linear
continuous-time systems with directional time-varying delays. An abstract Lyapunov-like theorem which
ensures that a 2D linear system with delays is exponentially stable for a prescribed decay rate is exploited
for the first time. In light of the abstract theorem, and by utilizing new 2D weighted integral inequalities
proposed in this paper, new delay-dependent exponential stability conditions are derived in terms of
tractable matrix inequalities which can be solved by various computational tools to obtain maximum
allowable bound of delays and exponential decay rate. Two numerical examples are given to illustrate the
effectiveness of the obtained results.