Extension of Warrants

14 March, 2005

                        Eurovestech Plc ('Eurovestech')                        

            Directors' dealings and variation of terms of warrants             

Under a warrant instrument dated 2 March 2000, Eurovestech granted warrants to
subscribe for 29,500,000 Ordinary Shares, in aggregate, at an exercise price of
10p per share ('Warrants'). On 11 March 2005, the Company received notification
that 3,150,000 Warrants had been exercised, including 1,000,000 by Richard
Bernstein, Chief Executive, and 150,000 by Jean-Michel Petit, Investment
Director.

Under the terms of the warrant instrument, the Warrants were due to lapse on 13
March 2005. The Remuneration Committee has resolved to extend the exercise
period of the Warrants to 13 March 2010 and to increase the exercise price to
20p per share. On 11 March 2005, the Company received notification from all
remaining warrants holders agreeing to the variation.

Certain of the directors of Eurovestech hold the following number of Warrants:

Richard Bernstein 19,000,000

Jean-Michel Petit 1,550,000

Richard Grogan 1,000,000

Application will be made for 3,150,000 Ordinary Shares to be admitted to
trading on AIM and dealings are expected to commence on 21 March 2005.

Further enquiries:

Eurovestech Plc

Richard Bernstein

Chief Executive Tel: [phone]