Change of Adviser

Evolutec Group PLC 29 January 2007 Monday 29 January 2007 Evolutec Group plc ('Evolutec' or 'Company') Appointment of Numis Securities Limited As previously announced on 3 January 2007, the Board of Evolutec Group plc (AIM: EVC) is exploring all strategic options available to the Group in order to realise value for shareholders. The Board is pleased to announce the appointment, with immediate effect, of Numis Securities Limited as nominated adviser and broker to assist in this process. Shareholders will be kept up to date with developments as appropriate and, in any event, on announcement of the Annual Results of the Group which is due to take place on 27 February 2007. Enquiries: Evolutec 0118 922 4480 Mark Carnegie Brown, Chief Executive Officer Nicholas Badman, Chief Financial Officer www.evolutec.co.uk Numis 020 7776 1500 Michael Meade Financial Dynamics 020 7831 3113 David Yates Ben Brewerton Notes for Editors: About Evolutec Evolutec, which is based in Reading, UK, is a clinical stage biopharmaceutical company with a focus on allergy, inflammation and auto-immune diseases. rEV576, the Company's second product development candidate is a complement inhibitor which has demonstrated preclinical activity against the autoimmune diseases myasthenia gravis and Guillain-Barre Syndrome, asthma and acute myocardial infarction ('AMI') (heart attack). Evolutec has established a research collaboration with Case Western Reserve University, Cleveland, Ohio, to undertake further preclinical work with rEV576 in myasthenia gravis. Evolutec is listed on the AIM market of the London Stock Exchange and develops therapeutics originally isolated from the saliva of ticks. The tick remains undetected by its hosts, including humans, by injecting an array of molecules into the skin that suppresses host immunity. These stealth molecules have undergone millions of years of natural evolution to select a promising efficacy, potency and safety profile. Evolutec employs the tick's evolutionary stealth technology to offer the potential of treating human diseases. This information is provided by RNS The company news service from the London Stock Exchange
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