Strategic Stakes in Grouptrade, G-E-T.com & Medex

eVestment Company PLC
20 March 2000


         The eVestment Company Plc ('eVestment')
                            
  Strategic Stakes in GroupTrade, Global Entertainment
                       Technology
                    and Medex Online

eVestment,   the   internet  and  e-commerce   investment
company,  is pleased to announce three recent investments
in   'B2B'  businesses.   It  has  invested  £750,000  in
GroupTrade,  the  collective purchasing  unit  for  'B2B'
buying,  has  taken a 22.5% stake in Global Entertainment
Technology ('G-E-T.com'), the entertainment industry news
and  services portal, and made a strategic investment  in
Medex Online ('Medex'), the 'B2B' internet healthcare  e-
commerce start up.

These investments continue eVestment's  proven record  of
identifying and helping to fund strong young internet and
e-commerce related businesses, particularly in the  'B2B'
areas,  which its highly  experienced team  can  help  to
grow.

GroupTrade

GroupTrade  (www.grouptrade.com) is a new internet  based
purchasing model which could bring savings of  more  than
£8bn  a  year for British businesses. Through GroupTrade,
companies  - whatever their size, location or industry  -
can come together over the internet to buy from suppliers
as  a  powerful trading unit. Headed by Adair Turner,  ex
Director  General of the CBI, as non-executive  Chairman,
GroupTrade  expects  to  reduce participating  companies'
operating costs by between 10-25%.

eVestment's  investment is part of a £5  million  funding
recently   announced  by  GroupTrade.   Other   investors
include GE Equity and London Merchant Securities.

Global Entertainment Technology

GET  (www.G-E-T.com)  will provide news  and  a  services
search  facility  for four of the major segments  of  the
entertainment   industry:  Band   Touring;   Conferences;
Broadcast  and  Film.   The search facility  will  enable
professionals  and organisations to find  hire  services,
crews,  jobs,  used  gear, and will  include  an  auction
facility.

Registration will be free to users who want to access the
products  and services.  A fee will be charged for  users
who  wish  to  offer their products and services  on  the
site.

G-E-T.com will focus initially on the UK and US.   It  is
intended  that  the service will subsequently  be  rolled
out, on a franchised basis, across Europe and Asia.

Medex Online

Medex Online (www.medexonline.com), is designed to become
Europe's leading online medical marketplace and web-based
e-commerce  service for the global medical and healthcare
market.   The medical and healthcare sector is recognised
as  one of the fastest growing industries and Medex  will
be   well-positioned  to  capitalise  on  the  impact  of
evolving internet technology in this marketplace.

A  team  with extensive experience in the key  areas  has
been  assembled  to facilitate trade between  buyers  and
suppliers   of   medical  and  healthcare  products   and
services.   Medex will build a web-based online community
and   marketplace  that  enables  all  users  to   access
information easily from their PC.

Chris Roberts, eVestment Chief Executive, commented:

 'The 'B2B' environment is continually developing, and we
believe that GroupTrade, G-E-T.com and Medex will play  a
leading role in their respective industries.  All of  the
above  sites intend to launch by the autumn of this year,
and  have  the advantage of early entry into the  markets
thus  providing the first point of contact for all  firms
internationally   in  their  search  for   products   and
services.

'The  internet  revolution is still in its early  stages.
The  earliest quoted accelerator fund, eVestment,  has  a
very experienced and growing team well positioned to take
advantage  of  the  huge opportunities  in  this  rapidly
expanding new marketplace.'


For further information, please contact:

The eVestment Company Plc                   0171 937 4445
Chris Roberts
www.evestment.co.uk

Square Mile Communications                  0171 601 1000
Nick Oborne or Stephanie Smart


Notes to Editors:

eVestment invests in and takes an active development role
in  young  internet  and e-commerce  related  businesses.
Current  investments  include Educentre.com,  eBop.co.uk,
The    Sharepeople.com,    18Global.com,    iDefense.com,
Kapok.com,    Stargig.com,    Easier.co.uk,     Wave.com,
CallServe.com,    WinWin.com,    MusicUnsigned.com    and
Statpro.com. To date gameplay.com, Freecom.net  and  Pure
Entertainment Games (investments no longer held) and Wave
Corporation  and  Easier  (investments still  held)  have
floated.

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.

eVestment  was formed in 1997 and floated  on  AIM  later
that  year.  It raised £9.8 million in December  1999  to
provide  funds for further investment and a further  £44m
in February 2000.