Further re Tender Offer

This announcement should not be transmitted, distributed or released in or onto
any jurisdiction in which such an act would constitute a violation of the
relevant laws of such jurisdiction.

                                                                19 October 2011

                                Eurovestech plc                                

                                ("Eurovestech")                                

                   Tender Offer for D Shares of Eurovestech                    
                      by Cenkos Securities plc ("Cenkos")                      

Introduction

Cenkos acts as broker to Eurovestech.

On 27 September 2011 Eurovestech announced that following a detailed assessment
of its cash requirements for investment in its current business and for
investment in future opportunities, it proposed to return approximately £13.25
million to Shareholders by way of the Return of Cash. A circular setting out
further details of the Return of Cash and incorporating a notice convening a
General Meeting (the "Circular") was posted to Shareholders that day. The
Resolution to approve the Return of Cash was duly passed by Shareholders on 14
October 2011 and D Shares were issued to Shareholders on 17 October 2011.

Unless otherwise defined herein, terms defined in the Circular shall have the
same meaning in this announcement.

D Share Tender Offer

Cenkos, acting as principal, hereby makes the D Share Tender Offer to purchase
276,712,459 D Shares in respect of which valid acceptances of the D Share
Tender Offer have been received and not withdrawn from Shareholders on the
terms set out in the Circular.

Shareholders who have not validly returned a Form of Acceptance or validly
submitted a TTE Instruction in respect of the D Share Tender Offer will receive
the D Share Dividend of 4 pence per D Share in respect of all of their D
Shares. The D Share Dividend is expected to be declared on 21 October 2011.

Shareholders who have validly accepted the D Share Tender Offer are expected to
receive payment of 4 pence per D Share, free of all dealing expenses and
commissions, on or about 28 October 2011.

For further information, please contact:                                       
                                                                               
Eurovestech plc                                                                
Richard Bernstein - Chief Executive                Tel: [phone]          
                                                                               
Merchant Securities Limited (Nomad)                                            
David Worlidge/Simon Clements                      Tel: [phone]          
                                                                               
Cenkos Securities plc (Broker)                                                 
Stephen Keys                                       Tel: [phone]