Investment in NMT Group PLC

Volvere PLC
04 August 2005


                                  Volvere PLC
                                                                  4 August 2005

For immediate release

Volvere PLC ('Volvere') announces that, following the purchase today of 871,131 
shares, it has accumulated over the period since October 2004 a holding of 
2,269,024 ordinary shares of £4 each in NMT Group plc ('NMT') representing 
26.04% of the total issued ordinary share capital of NMT, acquired for an 
aggregate cash consideration of approximately £1,475,415.

NMT is a licensing and development company for safety needle-based medical 
devices. For the year ended 31 December 2004 NMT's preliminary results showed a
loss after tax of £1,738,000 on sales of £nil. At 31 December 2004 NMT's net 
assets amounted to £7,259,000, of which cash represented £7,005,000.

At the average price at which the Company has acquired its shares the Company
considers its shareholding in NMT to represent an attractive investment 
opportunity.

Volvere has the largest single shareholding in NMT and intends to approach NMT 
to propose the appointment of certain additional directors, including Lord 
Kalms of Edgware (the Chairman of Volvere), to the board of NMT.

For further information:
Volvere plc
Nick Lander, Chief Operating and Financial Officer
020 7979 7596




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