Director/PDMR Shareholding

22nd December, 2005

              Eurovestech Plc ('Eurovestech') or (the 'Company')               

                            Director's Shareholding                            

Eurovestech, the pan-European, high-technology development capital fund, is
pleased to announce that Invesco Perpetual is to become the largest single
shareholder in the Company, following the purchase of 20,000,000 shares from
Richard Bernstein, Eurovestech's founder and chief executive at 14.625p per
share.

Mr Bernstein now becomes the third largest investor in Eurovestech, his
remaining holding comprising 41 million shares, representing 13.11 per cent of
the ordinary share capital of the Company.

Enquiries

Rick Grogan, Chairman, 020 7584 2333

Richard Bernstein, Chief Executive, 020 7491 0770