Further re Tender Offer

This announcement should not be transmitted, distributed or released in or onto
any jurisdiction in which such an act would constitute a violation of the
relevant laws of such jurisdiction.

                                                              11 September 2012

         Tender Offer for E Shares of Eurovestech plc ("Eurovestech")          

                      by Cenkos Securities plc ("Cenkos")                      

Introduction

Cenkos acts as broker to Eurovestech.

On 17 August 2012 Eurovestech announced that following completion of the sale
of a 40 per cent. interest in its wholly-owned portfolio company, Knowledge
Support Systems Limited, it proposed to return approximately £4.4 million to
Shareholders by way of the Return of Cash. A circular setting out further
details of the Return of Cash and incorporating a notice convening a General
Meeting (the "Circular") was posted to Shareholders that day. The Resolution to
approve the Return of Cash was duly passed by Shareholders on 6 September 2012
and E Shares were issued to Shareholders on 7 September 2012.

Unless otherwise defined herein, terms defined in the Circular shall have the
same meaning in this announcement.

E Share Tender Offer

Cenkos, acting as principal, hereby makes the E Share Tender Offer to purchase
291,087,897 E Shares in respect of which valid acceptances of the E Share
Tender Offer have been received and not withdrawn from Shareholders on the
terms set out in the Circular.

Shareholders who have not validly returned a Form of Acceptance or validly
submitted a TTE Instruction in respect of the E Share Tender Offer will receive
the E Share Dividend of 1.32 pence per E Share in respect of all of their E
Shares. The E Share Dividend is expected to be declared on 14 September 2012.

Shareholders who have validly accepted the E Share Tender Offer are expected to
receive payment of 1.32 pence per E Share, free of all dealing expenses and
commissions, on or about 21 September 2012.

Eurovestech plc                                                                
                                                                               
Richard Bernstein - Chief Executive                Tel: [phone]          
                                                                               
Merchant Securities Limited (Nomad)                Tel: [phone]          
David Worlidge / Virginia Bull                                                 
                                                                               
Cenkos Securities plc (Broker)                                                 
Camilla Hume                                       Tel: [phone]