KSS Update

13 December 2011

                                Eurovestech plc                                

                       ("Eurovestech" or "the Company")                        

                    Increase in carrying value of KSS Fuels                    

Eurovestech is pleased to provide an update on trading at KSS Fuels, a global
leader of fuels pricing and retail network planning solutions which is a
company wholly owned by Eurovestech.

KSS Fuels has a 30 June year end. In May 2011, it acquired Market Planning
Solutions Inc. ("MPSI"), the network planning, data collection and analytics
company.

Trading for the year to date has been strong. During the first four months of
its financial year,  new orders were signed with a total value in excess of
$2.3 million with customers in the US, Europe, Japan and South Africa. In
addition, several million dollars of revenue has been recognised on existing
contracts.  As a result, KSS Fuels is now forecasting revenues for the year to
30 June 2012 to be in excess of $20 million (£12.8 million). In the year to 30
June 2011, KSS Fuels achieved revenues of £7.7 million.

The integration of MPSI is nearly completed. Approximately $2 million in annual
cost savings have been achieved through the integration.  KSS Fuels now serves
over 400 customers in 80 countries and has 120 employees. The company's offices
are in Manchester in the UK; Florham Park, New Jersey, and Tulsa, Oklahoma, in
the US; Tokyo, Japan; and Shanghai, China.

Net cash at KSS Fuels is currently $3.5 million (£2.3 million).

At 30 June 2011, KSS Fuels had a carrying value of £9.5 million. Based on
current trading, progress with the MPSI integration and the company's net cash
position, the directors of Eurovestech have today increased the carrying value
by 37 per cent. to £13 million to reflect their assessment of current fair
value.

Richard Bernstein, Chief Executive of Eurovestech, commented: "It is pleasing
that, in spite of a very challenging macro-economic backdrop, KSS Fuels has
enjoyed a successful first half. With the outlook for the business continuing
to be positive for the remainder of the year, we have taken the decision to
substantially increase the carrying value of KSS Fuels. I look forward to
continued progress."

Enquiries:

Eurovestech plc                                                                
                                                                               
Richard Bernstein                                            Tel: [phone]
                                                                               
Chief Executive                                             www.eurovestech.com
                                                                               
                                                                               
                                                                               
Merchant Securities Limited (NOMAD)                                            
                                                                               
David Worlidge/Simon Clements                                Tel: [phone]