Director Shareholding

16 May, 2005

                        Eurovestech Plc ('Eurovestech')                        

                            Director share options                             

On 8 January 2004, the Company granted options to subscribe for 6,000,000
ordinary shares of 1p each to Jean-Michel Petit, Investment Director of
Eurovestech. The Company advises that the conditions attaching to this exercise
were not met and therefore these options have now lapsed.

The Company is today granting options of 6,000,000 ordinary shares of 1p each
to Jean-Michel Petit, at an exercise price of 11.25p per share, being the
closing middle market price on 13 May, 2005, under an unapproved executive
share scheme. The period on which the share options are exercisable is 5
February 2006 and 4 February 2013.

Further enquiries:

Eurovestech Plc

Richard Bernstein

Chief Executive Tel: [phone]