High Court Approval of Capital Reduction

31 March 2010

                                EUROVESTECH PLC                                
                                ("Eurovestech")                                

                   HIGH COURT APPROVAL OF CAPITAL REDUCTION                    

Further to the announcements of 10 March 2010 and 29 March 2010, Eurovestech is
pleased to announce that the High Court has today approved the cancellation of
its share premium account.

Under the Return of Cash it is proposed that every Shareholder who was on the
register of members as at 5.00 p.m. on 29 March 2010 will receive 2.18 pence
for every Ordinary Share held by way of a B Share Dividend unless they made a
valid election to receive C Shares, in which case their C shares will be
redeemed for 2.18 pence. It is expected that the B Share Dividend will be
declared and the C Shares redeemed later today and that cheques will be
despatched and payment in CREST to Shareholders on or about 1 April 2010.

All capitalised terms in this announcement have the same meanings as set out in
the circular that was sent to Shareholders on 10 March 2010 in connection with
the Return of Cash to Shareholders of 2.18 pence per Ordinary Share.

For further information, please contact:                                       
                                                                               
Eurovestech plc                                                                
Richard Bernstein - Chief Executive                Tel: [phone]          
                                                                               
Merchant John East Securities Limited                                          
David Worlidge / Simon Clements                    Tel: [phone]          
                                                                               
Cenkos Securities plc                                                          
Ivonne Cantu                                       Tel: [phone]