Result of General Meeting

14 October 2011

                        Eurovestech plc (the "Company")                        

                  Return of Cash - Result of General Meeting                   

The Company is pleased to announce that at the General Meeting of the Company
held at 11.00 a.m. today, the Resolution set out in the Notice of General
Meeting dated 27 September 2011 to approve the Return of Cash was duly passed.

Under the Return of Cash, Shareholders will receive one D Share for each
Ordinary Share they hold at 5.00 p.m. on 17 October 2011. Unless they validly
accept the D Share Tender Offer, to be made by Cenkos at 4 pence per D Share in
respect of some or all of their D Shares, Shareholders will receive the D Share
Dividend of 4 pence for each D Share held. The latest time for receipt of Forms
of Acceptance and TTE instructions from CREST holders in relation to the D
Share Tender Offer is 1.00 p.m. on 17 October 2011.

Following the payment of the D Share Dividend the D Shares will become Deferred
Shares having very limited rights.

Unless otherwise defined in this announcement, capitalised terms shall have the
same meaning as in the circular (the "Circular") to shareholders issued by the
Company on 27 September 2011 in connection with the Return of Cash.

For further information, please contact:                                       
                                                                               
Eurovestech plc                                                                
                                                                               
Richard Bernstein - Chief Executive                Tel: [phone]          
                                                                               
Merchant Securities Limited (Nomad)                                            
                                                                               
David Worlidge/Simon Clements                      Tel: [phone]          
                                                                               
Cenkos Securities plc(Broker)                                                  
                                                                               
Stephen Keys                                       Tel: [phone]