Strategic Tie Up in Israeli Venture Capital Market

eVestment Company PLC
13 January 2000


         The eVestment Company Plc ('eVestment')
                            
   Strategic tie up in Israeli venture capital market

eVestment,   the   internet  and  e-commerce   investment
company,  is  pleased to announce that  it  is  taking  a
strategic  10% shareholding in Israel based 4HighTech.com
('4HighTech').

4HighTech  uses  the  Internet to find  and  screen  high
quality,  technology driven, start up Israeli  companies.
Through  its  web-site it gives the start ups  access  to
venture  capital  investment  provided  by  sophisticated
private investors, Venture Capital Funds and Corporations
in the US, Europe and Israel.

Selected investments must be early stage in exciting  new
technologies,  have a clear competitive edge  in  markets
with  significant  potential  and  be  controlled  by   a
motivated  and experienced management team with  a  solid
business  approach.    4HighTech  participates  in   fund
raisings of between $500,000 to $3 million.

4HighTech  is  lead by David Solomon and Daniel  Goldman.
David is one of Israel's leading experts in the field  of
hi-tech  business development, with excellent connections
both  in Israel and overseas. Daniel is a Director  of  a
number of hi-tech companies in the UK, Israel and the  US
and  is  a  director  designate of BATM;  he  worked  for
investment  and  venture  capital  houses  in   the   UK,
including   Elderstreet,  Shore  Capital  and  Alberdale,
before recently returning to Israel.

eVestment  Director Chris Roberts will join the 4HighTech
Board.

Oliver Vaughan, eVestment Chairman, commented:

'Israel  is a very strong source of young, high  quality,
technology  companies,  many needing  seed  capital.  The
association with 4HighTech gives eVestment a  unique  and
very  exciting  position  in  this  vibrant  market   and
represents  the  first of a number of such  international
strategic relationships.'



For further information, please contact:

The eVestment Company Plc                   0171 937 4445
Chris Roberts

4HighTech.com                             [phone]
Daniel Goldman

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 eBop, The Share.com, Eighteen
Global,  Infrastructure Defense, Kapok 2050, Stargig.com,
Easier,  Freecom.net  and  Wave  Corporation.   To   date
gameplay.com and Pure Entertainment Games (investments no
longer   held)  and  Freecom.net  and  Wave   Corporation
(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 a director of a number of companies including
Internet   Technology   Group   and   Redstone   Telecom.
eVestment  has  recently recruited  a  team  of  managers
dedicated to internet investment.

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.