Issue of Equity

3 March 2008

                               Eurovestech plc                                 

                       ("Eurovestech" or "the Company")                        

        Proposed placing of 25,000,000 Ordinary Shares at 20p per share        

The Company is proposing to issue to certain existing institutional investors,
in aggregate, 25,000,000 new Ordinary Shares at 20p per share ("the Placing
Shares"), to raise £5,000,000 before expenses ("the Placing"). The net proceeds
of the Placing will amount to approximately £4,940,000. The Company believes
that the Placing proceeds should allow the Company to accelerate the growth
prospects within its portfolio and to take advantage of targeted investment
opportunities.

The placing price of 20p represents a premium of 4.3 per cent. to the average
closing share price on the five business days preceding the Placing. The
placing price represents a premium of 300 per cent. to the price of 5p at which
shares in the Company were issued at the time of the Company's initial public
offering on the AIM Market on 13 March 2000. Over the same period, the Techmark
100 Index has declined by 70 per cent.

It is the Directors' view that the Placing is an efficient way of raising funds
and is substantially more cost effective than marketing a fundraising more
widely.

The Placing is conditional, inter alia, on the admission of the Placing Shares
to trading on AIM. Application will be made for the Placing Shares to be
admitted to trading on AIM and dealings are expected to commence on 7 March
2008.

Richard Bernstein, Chief Executive of Eurovestech, commented: "We are delighted
to receive this level of support from shareholders and look forward to putting
these funds to work so that we can continue with our objective of providing
high returns to shareholders.''

Enquiries;

Eurovestech plc 020 7491 0770

Richard Bernstein

John East & Partners Limited 020 7628 2200

David Worlidge /Simon Clements