Investment update

26 June 2009 Eurovestech plc (the "Company") ToLuna agrees major acquisition and Eurovestech realises approximately £7.5 million from sale of ToLuna shares Eurovestech is pleased to announce that ToLuna plc ("ToLuna"), its largest investee company, has agreed to acquire the business and assets of the internet survey solutions business of Greenfield Online Inc., a wholly owned subsidiary of Microsoft Corporation, for $40 million in cash. The acquisition will create the largest independent panel and technology services provider to the market research industry. The terms of the acquisition, a description of the business and assets being acquired and details of an associated £28 million share placing ("Placing") are set out in the announcement made by ToLuna earlier today. As part of the ToLuna transaction, Verlinvest S.A. ("Verlinvest"), a Belgian private family owned investment company, has agreed to subscribe for 3,114,284 new ordinary shares in ToLuna in the Placing. In addition, to satisfy Verlinvest's investment requirements Eurovestech has agreed to sell Verlinvest 3,552,383 ToLuna shares at 210p per share, the same price at which the Placing was concluded, realising approximately £7.5 million before disposal costs. As a result of the share sale and ToLuna's share placing, Eurovestech's holding in ToLuna will, following completion of the proposals, fall from 50.6 per cent to 29.9 per cent. Eurovestech's total cost of investment in ToLuna was £2 million. Following the share sale to Verlinvest, Eurovestech will have realised a total of £14.9 million from this investment. Based on the Placing price, Eurovestech's remaining 29.9 per cent holding in Toluna will be valued at £31.3 million. The proceeds from the sale will be used to further the Company's investment strategy. Eurovestech Chief Executive Richard Bernstein said: "We are pleased that ToLuna has concluded a major acquisition which will make it an extremely powerful force in its global market. This has been, and remains, an excellent investment for Eurovestech" ENQUIRIES: Eurovestech plc Richard Bernstein Tel: 020 7491 0770 John East & Partners Limited, a subsidiary of Merchant Securities PLC (Nomad) David Worlidge/Simon Clements Tel: 020 7628 2200
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