B-type D-branes are constructed on two different K3-fibrations over P-1 usi
ng boundary conformal field theory at the rational Gepner points of these m
odels. The microscopic CFT charges are compared with the Ramond charges of
D-branes wrapped on holomorphic cycles of the corresponding Calabi-Yau mani
fold. We study in particular D4-branes and bundles localized on the K3 fibe
rs, and find fr om CFT that each irreducible component of a bundle on K3 ga
ins one modulus upon fibration over P-1. This is in agreement with expectat
ions and so provides a further test of the boundary CFT approach to D-brane
physics. (C) 2000 Elsevier Science B.V. All rights reserved.