Variable Option Cancellation

eVestment Company PLC
1 December 1999

The eVestment Company Plc ('the Company')

Further  to  the Company's circular dated 29 September 1999 (the  'Circular'),
proposing  inter alia, the cancellation of the Variable Option (as defined  in
the Circular) over, in aggregate, 10 per cent. of the issued share capital  of
the Company at the date of the exercise of the Variable Option, at a price  of
2.5p  per  ordinary  share,  the Company has now  entered  into  the  relevant
agreements  with  the holders of the Variable Option, by  which  the  Variable
Option has been cancelled.

In consideration for the cancellation of the Variable Option, the holders have
been  issued with 60,000,000 warrants to subscribe for 60,000,000 new ordinary
shares  in  the Company at a price of 1p at any time up to 31 May  2004  ('New
Warrants'),  in place of their existing 60,000,000 warrants to  subscribe  for
60,000,000  ordinary shares at a price of 2.5p at any time up to 31  May  2004
('Old Warrants'), which have accordingly been cancelled.

The  New Warrants are not, and will not, be admitted to trading on AIM or  any
other  recognised  investment exchange. Following the issue  of  New  Warrants
described above there are a total of 60,000,000 New Warrants in issue.

Following  the  cancellation  of the 60,000,000  Old  Warrants,  there  are  a
remaining  67,000,000 Old Warrants in issue.  The Old Warrants are  traded  on
AIM.


For further information please contact:

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

Julian  Blunt                                                            
Peel, Hunt & Company Limited      
0171 418 8912