Proposed return of capital

24 February 2010

                                Eurovestech plc                                

                       ("Eurovestech" or the "Company")                        

 Proposed cash return of approximately £7.5 million to shareholders and up to  
           £2.5 million by way of on-market share buyback programme            

On 4 January 2010, the Company announced that, following the sale of KSS Retail
Limited, it intended to return a substantial part of its cash reserves to
shareholders.

Eurovestech now proposes to return approximately 2.18p per ordinary share of
the capital of the Company, equating to approximately £7.5 million (based on
the current issued share capital of 344,322,801 ordinary shares). In addition,
following the publication of its interim results, the Company intends to
instigate an on-market share buyback programme up to a value of £2.5 million.

The Company has consulted its major institutional shareholders regarding the
most efficient means of returning cash and is working with its advisers to
provide shareholders with proposals to consider at a general meeting. It is
currently intended to offer shareholders the opportunity to receive their
return in the form of capital.

The return of cash will be subject to shareholder approval and the approval by
the High Court of the cancellation of the Company's share premium account. It
is intended that a circular containing details of the proposals and a notice of
general meeting, at which a resolution will be proposed to approve the return
of cash, will be sent to shareholders by mid-March 2010.

A further announcement will be made in due course.

Further information:


Eurovestech plc                                                                 
                                                                               
Richard Bernstein - Chief Executive                Tel: [phone]          
                                                                               
Merchant John East Securities Limited                                          
                                                                               
David Worlidge / Simon Clements                    Tel: [phone]          
                                                                               
Cenkos Securities plc                                                          
                                                                               
Ivonne Cantu                                       Tel: [phone]