Statement re Investment

Embargoed for release at 7.00 a.m. on 13 May, 2005 Eurovestech Plc ('Eurovestech') Cjudge Limited IPO: Near eightfold increase against Eurovestech's cost of investment Eurovestech is pleased to announce that ToLuna plc ('ToLuna'), the new holding company for Cjudge Limited, a company in which Eurovestech currently holds a 79.4 per cent. interest, has completed an institutional placing of new ordinary shares at 70p per share to raise £5 million before expenses, conditional upon admission of its shares to trading on AIM. At the placing price ToLuna will be valued at £25.04 million on admission. Following the placing, Eurovestech will own 63.5 per cent. of ToLuna's issued share capital , which values Eurovestech's shareholding in ToLuna at £15.9 million; the present carrying value in Eurovestech's accounts is £2 million. ToLuna has issued a ten day notice to AIM of its intention to seek admission of its shares to trading on AIM and dealings in ToLuna's shares are expected to commence on 25 May 2005. Commenting on the proposed admission to AIM, Richard Bernstein, Chief Executive of Eurovestech, commented: `We are delighted with both the level and quality of institutional support in ToLuna. We believe that this will allow ToLuna to accelerate its development and profitability in the rapidly growing European online data collection market. We are also pleased that the placing price is equivalent to a near eightfold increase against our cost of investment over the last five years.' ToLuna's core pan-European business is the creation of online survey access panels and hosted technology solutions for market research professionals. Internet survey solutions are widely regarded as being more cost-effective, efficient and quicker than traditional market research methods. Further enquiries: Eurovestech Plc Richard Bernstein Chief Executive Tel: 020 7 491 0770 John East & Partners Limited John East/David Worlidge Tel: 020 7628 2200
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