Investment Details

Matrix e-Ventures Fund VCT PLC
25 October 2000


Matrix e-Ventures Fund VCT Plc

Investment Details

The  Board of Matrix e-Matrix Fund VCT Plc is pleased  to
announce  that it has now made four investments,  details
of which are as follows:

Clarity Commerce Solutions plc

On  26 July 2000 the Company invested £250,000 in Clarity
Commerce  Solutions plc at the time of its  flotation  on
the  Alternative Investment Market.  The company produces
EPOS  solutions,  CRM, products and services  to  the  UK
hospitality  markets.   The Ordinary  Shares  in  Clarity
Commerce  Solutions  plc  are currently  135p  per  share
(against a cost price of 125p per share).


e-go systems.com plc

On   29  September  2000  the  Company  acquired  333,333
ordinary shares in e-go systems.com plc, representing 0.6
per  cent. of the equity for a consideration of £500,000.
e-go  systems.com plc delivers innovative  eCommunication
solutions for the global enterprise market.

For  the  year  ended 31 March 2000 the company  reported
turnover of £725,000 and a loss before taxation of  £1.15
million.


Callserve Communications plc

On  16 October 2000 the Company acquired 119,999 A shares
and  13,334 ordinary shares for a total consideration  of
£299,999.25.

The company provides internet telephony services over the
Internet Protocol from pc's to telephones worldwide.


Sit-up.com Limited

On 17 October 2000 the Company made a £500,000 investment
in  the  company  for  a  2.25 per  cent.  interest.   In
addition, Matrix e-Ventures has been granted the right to
subscribe  for further shares (one for every three  held)
at  the  subscription price, conditional on the flotation
of Sit-up.com Limited.

The   company   aim  to  become  a  leading   interactive
broadcasting  company  creating a  suite  of  programming
concepts  for  digital television and the internet.   The
company's first product is Bid-up.com, an interactive  TV
based auction site, which launched in October 2000.