Further re KSS Contract

Embargoed until 7.00am on

                                                             10th January, 2005

                        Eurovestech Plc ('Eurovestech')                        

        Further Re: Knowledge Support Systems Limited ('KSS') Contract         

In the Chairman's Statement included in the Interim Results of the Company for
the six months to 30 September 2004, Eurovestech made reference to the decision
to continue receiving a term license rather than pursuing a lump sum from a
perpetual licensee. Eurovestech is now pleased to announce that a term
licensee, which is a major US retailer of petroleum, has converted its term
license into a perpetual license. As a result, KSS has received $2.25 million
in consideration. This payment brings total receipts from this client to $3
million. KSS is expecting to continue to receive annual support and maintenance
revenues from this client.

KSS is a leading provider of pricing and revenue management solutions for the
retail and petroleum industries. Eurovestech owns the entire issued share
capital of KSS.

Richard Bernstein, Chief Executive of Eurovestech commented: 'The receipt of $3
million from one customer demonstrates the commercial value of KSS's software
products as well as providing an important reference point in the US retail
fuels market. The boost to cash balances together with the growing momentum of
the business is a source of great optimism for KSS's prospects.'

Further enquiries:

Eurovestech Plc

Richard Bernstein

Chief Executive Tel: [phone]