Directorate Change

Eurovestech PLC
5 February 2003

                                                          For immediate release 
                                                             5th February, 2003


                     EUROVESTECH PLC ('Eurovestech')
                          Directorate Change

Former Compaq Executive Becomes Eurovestech plc's Director of Investments

Eurovestech plc, is pleased to announce that Jean-Michel Petit, aged 40, has
joined its board as Director of Investments. He has extensive entrepreneurial
and corporate leadership experience, having been a member of AltaVista EMEA
management team and Managing Director of Vignette France and previously as
Director of CRM and E-Commerce at Compaq France.

'Jean-Michel is a company builder with significant experience in the technology
sector. As a European national with a global perspective, he will be a valuable
addition to the Eurovestech team. Given the progress being made by our
portfolio, we believe that it is now appropriate for us to gain maximum
advantage from Jean-Michel's skills and contacts,' said Richard Bernstein, CEO
of Eurovestech plc.

Mr Petit is currently a director of CJudge SAS (France), a wholly owned
subsidiary of CJudge Limited (a company in which Eurovestech has a majority
shareholding).

Mr Petit has confirmed that there are no other matters requiring disclosure
under Schedule 2 (f) of the AIM Rules. 

Further enquiries:

Eurovestech plc 
Richard Bernstein, Chief Executive              Tel: [phone]



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