We study a model of two weakly coupled isotropic spin-1/2 Heisenberg c
hains with an antiferromagnetic coupling along the chains (spin ladder
). It is shown that the system always has a spectral gap and the lower
lying excitations are triplets, For the case of identical chains the
model in the continuous limit is shown to be equivalent to four decoup
led noncritical Ising models with the Z(2)xSU(2) symmetry. For this ca
se we obtain the exact expressions for asymptotics of spin-spin correl
ation functions. It is shown that when the chains have different excha
nge integrals J(1) much greater than J(2) the spectrum at low energies
is described by the O(3)-nonlinear sigma model. We discuss the topolo
gical order parameter related to the gap formation and give a detailed
description of the dynamical magnetic susceptibility.