Share Placing

eVestment Company PLC
10 February 2000

                            
                The eVestment Company Plc
                            
       Placing to raise £44 million to provide 
             funds for further investment
                                  
Placing

eVestment,   the   internet  and  e-commerce   investment
company,  has today raised £44 million by the placing  of
125,714,286 new ordinary shares of 1p each (47  per  cent
of  the  current issued share capital) at a price  of  35
pence per share.

The  monies  raised  are  to  be  used  to  fund  further
investments  in  young  internet and  e-commerce  related
businesses.  A  significant number of opportunities  have
already  been identified, including businesses  operating
in  the fields of B2B e-commerce, internet infrastructure
and broadband and WAP technologies.

The new ordinary shares have been conditionally placed by
Peel,   Hunt  &  Company  Limited,  primarily   with   15
institutional investors. The placing was oversubscribed.

Application  will  be  made today for  the  new  ordinary
shares  to be admitted to AIM, with dealings expected  to
commence on 15 February, 2000.  The Placing Shares  will,
when  allotted, rank pari passu in all respects with  the
existing  issued  Ordinary  Shares  of  eVestment.    The
placing  is conditional on admission of the new  ordinary
shares to AIM by 9.00 a.m. on 15 February, 2000.

This placing falls within the existing authorities of the
board of eVestment, approved at an EGM of the Company  on
11 January 2000.

eVestment

eVestment  invests  in and takes an active  role  in  the
development  of  young  internet and  e-commerce  related
businesses which meet its stringent investment  criteria.
Investments range from £250,000 to £1 million as sole  or
co-investor in £1 - £15 million syndications.

eVestment  currently has holdings in 17 UK  and  overseas
businesses  (see  notes to editors).  Recent  investments
include   WinWin.com,   a   US  based   global   internet
advertising company, musicunsigned.com, an internet based
music and directory service created to help up and coming
artists  and  Callserve, Europe's  first  internet  based
telephony service.

eVestment's development role in support of businesses  it
selects  typically includes the appointment of  personnel
to the Board, and commercial and financial advice.  It is
also  able to assist in raising additional funding  -  by
itself  or  as co-investor - to support these businesses'
growth.

eVestment  has  an established pool of  co-investors;   a
number  of  the  institutions who  participated  in  this
placing have indicated that they wish to participate as a
co-investor with eVestment in the future.

The  eVestment  management team, led by  Oliver  Vaughan,
Chairman,   and  Christopher  Roberts,  Chief  Executive,
assisted  by  a  growing  team of managers  dedicated  to
internet   investment,   have   strong   investment   and
management experience.

eVestment has a strategic relationship with 4Hightech, an
Israeli  company which  uses the Internet to give Israeli
start  ups access to venture capital investment  provided
by sophisticated private investors, venture capital funds
and corporations in the US, Europe and Israel.

Chris Roberts, eVestment Chief Executive, commented:

'We  are  seeing  an  increasing  flow  of  high  quality
opportunities and these funds give us additional  ability
to  participate  in those investments which  satisfy  our
criteria.

'We are delighted with the number and standing of our new
institutional  investors.   That many of  them  have  not
only  participated  in  this placing  but  also  wish  to
syndicate with us as co-investors in the future is strong
endorsement of the quality of our team and our investment
decisions.'


For Further information please contact

The eVestment Company Plc
Christopher Roberts, Chief Executive        0171 937 4445

Square Mile Communications
Nick Oborne or Stephanie Smart              0171 601 1000

Notes to editors

eVestment  was formed in 1997 and floated  on  AIM  later
that year. Investments already announced include:


Name           Website         Description
               address
eBop Media PLC eBop.co.uk      Provides   a  community   web
                               site  targeted at the  15  to
                               30   age   group,   including
                               information  on music,  games
                               and      other     e-commerce
                               initiatives
Sharepeople    Sharepeople.com Provides  an  on  line,  real
Limited                        time   retail  share  dealing
                               system, recently launched  in
                               the  UK,  with the  intention
                               of  expanding to  become  the
                               premier     retail     broker
                               service in Europe
Eighteen       EighteenGlobal  Internet  community  creating
Global Inc.    .com            a   business-to-business  and
                               business-to-consumer
                               environment  within  a   golf
                               lifestyle internet site
Infrastructure Idefense.com    Provides  details   on,   and
Defense Inc.                   advice   on  how  to  protect
                               against,    cyber     attack,
                               offering    business     risk
                               assessment,  consulting   and
                               management services
Kapok         2050 Kapok.com   Provides   turnkey  solutions
Limited                        for   businesses  seeking   a
                               trading   presence   on   the
                               internet
Stargig.com    Stargig.com     Community  web site  targeted
PLC                            at   musicians,  seeking   to
                               benefit      from      recent
                               developments  in distributing
                               music via the web site
Statpro PLC    Statpro.co.uk   Software   development    and
                               marketing  business targeting
                               asset management companies
Easier! Plc    Easier.co.uk    A   new  on-line  residential
                               property portal
Freecom.net    Freecom.net     A   specialist  provider   of
plc                            hosted  e-commerce  solutions
                               for  small  and medium  sized
                               businesses
Wave Systems   Wave.com        Provides      a     microchip
  Corporation                  technology  enabling   secure
  Inc.                         transaction  processing   and
                               secure    communication    of
                               digital  content  in  the  e-
                               commerce environment
WinWin         WinWin.com      A  US  based global  internet
                               advertising company
CallServe      Callserve.com   Europe's    first    internet
Communications                 based telephony service
Ltd
musicunsigned  Musicunsigned.  An  internet based music  and
               com             directory service

To   date  Gameplay.com  and  Pure  Entertainment   Games
(investments  no  longer  held),  and  Freecom.net,  Wave
Corporation and Easier.com (investments still held)  have
floated.

eVestment raised £9.8 million in December 1999 to provide
funds for further investment.