Substantial Transaction

Volvere PLC
22 July 2005


Volvere PLC ('Volvere' and 'the Company')

22 July 2005

Substantial Transaction


Volvere PLC announces today that it has accumulated over the period since
October 2004 a holding of 1,447,893 ordinary shares of £4 each in NMT Group plc
('NMT') representing 16.62% of the total issued ordinary share capital of NMT,
acquired for an aggregate cash consideration of approximately £847,000.

NMT is a licensing and development company for safety needle-based medical
devices.  For the year ended 31 December 2004 NMT's preliminary results showed a
loss after tax of £1,738,000 on sales of £nil.  At 31 December 2004 NMT's net
assets amounted to £7,259,000, of which cash represented £7,005,000.

The Company considers its shareholding in NMT to represent an attractive 
investment opportunity.





For further information:
Volvere plc
Nick Lander, Chief Operating and Financial Officer
020 7979 7596




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