£1M Investment in educentre.com, etc

eVestment Company PLC
13 March 2000


         The eVestment Company Plc ('eVestment')
                            
  eVestment leads £3.75m fund-raising for educentre.com

eVestment,   the   internet  and  e-commerce   investment
company,  is  pleased to announce that  it  has  led  the
fundraising   for   £3.75m  for   educentre.com   limited
('educentre.com'), the company which has developed one of
the  UK's  leading education portals, digitalbrain.co.uk.
As  part  of  this fundraising eVestment has made  a  £1m
investment in the company.

The  funds were raised via a substantially oversubscribed
private    placing,   in   order   to   further   develop
digitalbrain.co.uk  as  an  inclusive  solution  for  the
integration  of the internet in educational  communities.
Other significant investors include Friends Ivory &  Sime
Plc and Moorfield Plc.

Digitalbrain.co.uk  is  a new UK  internet  service  that
delivers  and  stores  educational  content  online   for
schools,   colleges  and  home  learners,   whilst   also
providing personal and group information management.  The
portal  offers  an  integrated  offering  of  UK  focused
educational  and  general content, e-commerce  and  other
services.   The digitalbrain.co.uk portal is designed  to
build  and engage a large and active user community  base
by helping its' users derive maximum educational benefits
from the internet.

Educentre.com  placed 3.4m shares at £1.10 providing  the
company  with an implied market capitalisation  of  £16m.
Corporate  Synergy  Plc  acted as  financial  advisor  to
educentre.com  who  intend to seek a listing  within  the
next twelve months.

Educentre.com     currently    has     digitalbrain.co.uk
implementation  agreements  with  Bournemouth   LEA   and
Blackburn  &  Darwen LEA.  It has targeted a  further  15
Local  Education  Authorities ('LEAs'),  representing  an
estimated subscriber population of 1 million users, to be
approached  by  June 30th 2000.  Thereafter  the  Company
intends  to roll out the digitalbrain product across  the
UK and internationally.

Chris Roberts, eVestment Chief Executive, commented:

'We  were very pleased to be able to take such an  active
part in this fund-raising for educentre.com. Education is
everybody's   future   and  these   funds   will   enable
digitalbrain.co.uk to develop further  to  achieve  their
goal of becoming the UK's No.1 educational portal. '


For further information, please contact:

The eVestment Company Plc                   0171 937 4445
Chris Roberts

Square Mile Communications                  0171 601 1000
Nick Oborne or Stephanie Smart
Notes to Editors:

The eVestment Company Plc

eVestment  was formed in 1997 and floated  on  AIM  later
that  year.  eVestment invests in  and  takes  an  active
development role in young internet and e-commerce related
businesses.

The  eVestment  management team, led by  Oliver  Vaughan,
Chairman,  and Christopher Roberts, Chief Executive,  has
strong  investment  and  management  experience.   Oliver
Vaughan  is  and  has  been a director  of  a  number  of
companies  with  a  technology focus, including  Redstone
Telecom and Retail Decisions.  Oliver was formerly on the
Board  of  Internet  Technology  Group,  before  it   was
acquired by Concentric.

To   date  Gameplay.com,  Pure  Entertainment  Games  and
Freecom.net  (investments  no  longer  held)   and   Wave
Corporation, Easier.co.uk and one other investee company,
as   yet  unannounced,  (investments  still  held)   have
floated.


Educentre.com

The product is distributed via a twin marketing approach:
at a wholesale/community level via partnerships with LEAs
such as Bournemouth LEA and at retail/household level via
a  direct marketing strategy.  In launching digitalbrain,
educentre.com  canvassed  widely  within  the  world   of
education over a three-year development period to produce
a   product   that   will  provide  a  fully   integrated
Information and Communication Technology ('ICT') solution
for  students, teachers, schools, colleges, libraries and
residential   use.    Educentre.com's   unique    selling
proposition is that it not only provides content  to  the
user,  but  it  also provides a means by which  the  user
stores their content with digitalbrain.  This concept  of
key content flowing both ways to and from the user in  an
environment where the one is inextricably linked  to  the
other,  is  expected to make the Internet experience  for
the   user  deeper,  more  practical  and  more   useful.
Educentre.com  believes that its UK focused  content,  e-
commerce  and  community opportunities will therefore  be
superior  to  and  more durable than,  those  offered  by
generalist internet portals.