Portfolio Update

14 July 2009

                                Eurovestech plc                                

                         ("Eurovestech" the "Company")                         

  Portfolio company update; cash received from sale of part of ToLuna holding  

Eurovestech is pleased to announce that it has today received £7.4 million cash
following the sale of part of its holding in ToLuna plc ("ToLuna"), its largest
investee company. This follows the acquisition by ToLuna of Greenfield Online
Inc from Microsoft Corporation, the associated share placing by ToLuna, and the
agreed sale by Eurovestech of 3,552,883 ToLuna shares at 210p per share to
Verlinvest S.A, a Belgian private family owned investment company. The
acquisition, placing and agreed sale were announced on 26 June 2009.

Following the agreed sale and placing, Eurovestech's holding in ToLuna has
fallen from 50.6 per cent to 29.9 per cent. The sale realises approximately £
7.4 million after disposal costs. The proceeds will be used to further the
Company's investment strategy.

Eurovestech's total cost of investment in ToLuna was £2 million. It has now
realised a total of £14.8 million from this investment. Based on the current
market price, Eurovestech's remaining 29.9 per cent holding in ToLuna is valued
at £34.5 million.

Eurovestech Chief Executive Richard Bernstein commented:

"If dividends are included, the total return, including the unrealised profit
on our residual holding, from our £2 million investment in ToLuna is
approximately £50 million. We are pleased that ToLuna has concluded a major
acquisition which will make it an extremely powerful force in its global
market. ToLuna has been, and remains, an excellent investment for Eurovestech".

Enquiries

Eurovestech plc                                                                
                                                                               
Richard Bernstein                                                 020 7491 0770
                                                                               
John East & Partners Limited, a subsidiary of Merchant Securities PLC          
(Nominated Adviser)                                                            
                                                                               
David Worlidge/Simon Clements                                     020 7628 2200