Offer Update

EVC Christows PLC 5 December 2000 FOR IMMEDIATE RELEASED 5 December 2000 Offers by EVC Christows Plc (formerly The eVestment Company Plc) (the 'Company') for Christows Group Limited ('Christows') Results of Offers The Company is pleased to announce that it has now received valid acceptances in respect a further 127,027 Christows Shares, following the paying up of amounts outstanding on all outstanding Christows Warrants, which therefore qualify for the Ordinary Offer, and in respect of a further 3,520 Christows Shares. Accordingly a further 12,815,791 new ordinary shares of 1p each in EVC Christows Plc have been allotted in respect of which application to trading on AIM has been made. Dealings are expected to commence on 7 December 2000. The Ordinary Offer is now wholly unconditional following 100 per cent. acceptances being received and has therefore been closed. In addition, valid acceptances have been received in respect of 598,589 Christows A Shares (representing 100 per cent. of that class), following the paying up of amounts outstanding on such shares. Accordingly a further 58,763,473 new ordinary shares of 1p each in EVC Christows Plc have been allotted in respect of which application to trading on AIM has been made. Dealings are expected to commence on 7 December 2000. The A Offer is now wholly unconditional and has therefore been closed. Christows Shareholders and Christows A Shareholders who have validly accepted the Ordinary Offer or the A Offer will receive share certificates or will have their CREST accounts credited with new ordinary shares of 1p each in the Company as soon as possible, but in any event no later than 13 December 2000. For the avoidance of doubt the Company's issued ordinary share capital comprises 774,240,588 ordinary shares of 1p each. Expressions used in this announcement shall bear the same meanings as in the offer document issued on 26 October 2000, unless the context otherwise requires. Enquiries: Duncan Abbot EVC Christows Plc 020 7444 1730 Chris Roberts EVC Christows Plc 020 7444 1730
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