Board Changes, Acquisition

Envesta PLc 16 March 2001 ENVESTA Plc - APPOINTMENT OF NEW CHAIRMAN AND FINANCE DIRECTOR. VoyagerIT.com plc ACQUIRES 12% SHAREHOLDING. COMPANY ACQUIRES BALANCE OF PROPERTYTRADE plc Envesta Plc announces that Mr Stephen Dean, aged 50 and Mr Peter James Holmes, aged 34, have been appointed to the Board of the company as Non-Executive Chairman and Finance Director respectively on the retirements as directors of the company of Mr Larry Lipman, Mr Paul Davies and Mr Stephen Lipman Concurrent with the management changes at Envesta Plc, Safeland plc, of which Mr Larry Lipman is Chairman and Mr Paul Davies is Finance Director, has sold 2,950,000 shares in Envesta Plc plc, representing 12 per cent of the issued share capital of the company, to Voyager IT.com plc at 10p per share. Following this transaction, VoyagerIT.com plc and other members of its concert party will own 29.91 per cent of the issued share capital of Envesta Plc. Envesta Plc also announces that it has acquired from Safeland plc that company's 27 per cent shareholding in Propertytrade plc, representing the outstanding balance of the equity, for a nominal cash sum. Propertytrade plc is the provider of a comprehensive commercial property database. The current directorships and directorships held over the past five years by Mr Stephen Dean are set our below: Current Directorships: Artisan (UK) plc Musicunsigned Holdings plc Voyager Financial News.com plc VoyagerIT.com plc Weatherly International plc Directorships within the past five years: Environmental Property Services plc (now Lupus Capital plc) Dean & Bowes (Contracts) Limited Dean & Bowes Limited IMS Maxims plc Living Heritage Holdings plc Perthshire Leisure plc Sovereign Court Management Co Limited Bickerton Group plc/Envesta plc Until 10th February 1992 Mr Dean was a director of Chequers Group plc and its subsidiaries - Chequers Europe Limited Billiards Realisations Limited Forrest Gray (Transport) Limited Hemingford Investments plc International Hotel Interiors Limited An administrative receiver was appointed to Chequers Group plc on 5th August 1992. The current directorships and directorships held over the past five years by Mr Peter James Holmes are set our below: Current directorships Fundstar plc IMS Maxims plc Panda Antivirus Software Limited Panda Software (UK) Limited VoyagerIT.com plc Voyager Financial News.com plc Directorships within the past five years: Boswell City Financial PR Limited Dean & Bowes (Contracts) Limited Environmental Property Services plc (now Lupus Capital plc) EPS Tripp Limited JC Tripp & Son Limited Taylor Research Associates Limited Enquiries: Envesta Plc 01480 436 666 Stephen Dean, Chairman Peter Holmes, Finance Director Boswell City Financial PR Limited 020 7583 2001 Rodney Johnson
UK 100

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