Training Market Entered with £1m Investment

eVestment Company PLC 3 May 2000 The eVestment Company Plc ('eVestment') eVestment enters training market with £1 million investment eVestment (www.evestment.co.uk), the Internet and e- commerce investment company, is pleased to announce that it has made an investment of £1,000,000 in World of Training Limited (www.worldoftraining.com), as part of a £2.5 million fund raising, which was led by eVestment. World of Training Limited is creating an e-commerce marketplace for training, bringing together training providers and users on an individual and corporate level. Key features of the site include: * the site contains a wide range of product; training can be found for subjects as diverse as first aid, IT, counselling and modern languages * the website asks for people's requirements and, using a sophisticated search engine, matches them with a suitable training programme * people unsure of what training they need can sit a psychometric test on the website, which will suggest courses to improve the candidate's weaknesses * clients can read details of each course and a full description of the skills they will learn; the choice of course is supported by feedback on from past attendees * the site stores an electronic training record to help record the skills individuals have developed on their courses. This can help keep their CV's updated. Every course featured on the website can be booked online, and the service is free to users buying training. A commission on every place booked on the website goes to World of Training. The UK training market is large and diverse and has been growing steadily over the last few years; it is currently estimated to have a value in excess of £15bn. The market drivers are changing technology, increasing legislation, portfolio careers and the increasing proportion of the workforce represented by professionals and managers. By featuring on the website, training organisations have access to new markets and people they may never have worked with before. Chris Roberts, chief executive of eVestment, commented, 'We believe that the World of Training Limited has pioneered an innovative B2B business model in the UK training market and we were particularly impressed with the very strong training background of the directors, who have an in depth knowledge of the training market. World of Training has been funded by its founder directors since formation; these monies will cause it to consolidate its lead in this growing market.' For further information, please contact: The eVestment Company Plc 020 7937 4445 Chris Roberts Email: info@evestment.co.uk Square Mile Communications 020 7601 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, IT Outpost, CallServe.com, WinWin.com, MusicUnsigned.com, Statpro.com, Grouptrade.com, G-E-T.com and Medexonline.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.

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