Acquisition of Interest

eVestment Company PLC
9 June 2000


                   The eVestment Company Plc ('the Company')

The eVestment Company Plc is pleased to announce that it has agreed to acquire
a   further   32,253   shares  in  the  common  stock  of  4HighTech.com   Inc
('4HighTech'),  for  an  aggregate  consideration  of  approximately  US$1.862
million,  or  approximately  £1.24 million,  (assuming  an  exchange  rate  of
$1.5:£1).   This investment is in addition to the 18.5 per cent. interest  the
Company  already  holds  in  4HighTech.  The  additional  investment  will  be
satisfied by:

1.    the allotment to the vendors of such common stock ('the Vendors') of  an
      aggregate of 7,686,955 new ordinary shares of 1p each in the Company
      credited  as fully paid at a price of 12p per share ('the Vendor          
     Consideration Shares'); and

2.   the payment to the Vendors of US$478,309 in aggregate.

The further investment represents a further 29.3 per cent. of the common stock
of  4HighTech, bringing the Company's total holding to 41.8 per cent.  of  the
common  stock  of 4HighTech.  The Company's holding of A preferred  shares  in
4HighTech  remains at 50.0 per cent. of that class of shares.   Following  the
further investment the Company will have acquired control of 40.3 per cent. of
the   total   voting  rights  of  4HighTech  for  a  total  consideration   of
approximately £1.62 million.

4HighTech is a new Israeli venture capital company focusing on pure technology
companies  that  are developing products and services for the  global  market.
The further investment increases the Company's exposure to the Israeli market,
which is a strong source of pure technology companies seeking seed capital.

Chris Roberts, chief executive of the Company commented:

      'We  are  very  pleased  to be able to strengthen  our  position  in
      4HighTech,  as  the Israeli market continues to be a  very  exciting
      area  for  internet growth.  4HighTech has a strong management  team
      with  a  great  deal of experience, which we believe helps  them  to
      source sound investments in young start-ups, and we look forward  to
      continuing our association with them.'

The  A  preferred  shares in 4HighTech are convertible into shares  of  common
stock  in 4HighTech, at the option of the holders, and automatically upon  the
closing  of any initial public offering under the U.S. Securities Act of  1933
or the written agreement of the holders of majority of the A preferred shares.
Each  A  preferred share is convertible into one share of common stock and  is
subject  to anti-dilution protection in the event of future issues  at  prices
lower  than the issue price of the A preferred shares.  The A preferred shares
entitle the holders thereof to receive dividends, to receive distributions  of
assets  on  liquidation or winding-up of 4HighTech and to vote at  shareholder
meetings of 4HighTech as if those shares A preferred shares had been converted
into  common  stock.   In  addition,  the  A  preferred  shares  have  special
protective voting rights.

4HighTech  has  not  yet produced, nor been required to produce,  any  audited
financial information.

Application will be made for the Vendor Consideration Shares to be admitted to
AIM on 9 June 2000.  Dealings are expected to commence on 15 June 2000.

For further information please contact:

Chris Roberts       Chief executive     0207 937 4445
Adrian Graham       Finance Director    0207 937 4445