Holding in Company

Eurovestech PLC
9 May 2001

                                                         For Immediate Release

                                                                9th May,  2001



               EUROVESTECH PLC ('Eurovestech' or 'the Company')


The Company received, earlier today, the following notification from Dresdner
Kleinwort Wasserstein Group Limited:

'Dresdner RCM Global Investors Holdings (UK) Limited ('DRCMH (UK)'), is an
indirect subsidiary of Dresdner Bank AG ('Dresdner').  The shares in DRCMH
(UK) are held by Dresdner Investments (UK) plc ('Dresdner Investments'), a
wholly-owned direct subsidiary of Zenon Beteiligungs GmbH ('Zenon') which is
itself a wholly-owned direct subsidiary of Dresdner.

DRCMH (UK) is the holding company of Dresdner RCM Global Investors (UK)
Limited ('DRCM (UK)').  As a result of Section 203(2) of the Companies Act
1985 ('the Act') Dresdner, Dresdner Investments and Zenon are interested in
Eurovestech plc ordinary 1p shares in which DRCM (UK), together with its
subsidiaries, is interested.

Following sales on 1st, 2nd, 3rd and 4th May, 2001 totalling 1,426,590 shares,
we hereby notify you that the disposable interest of Dresdner, Dresdner
Investments and Zenon in the share capital of the Company amounts to
38,384,855 shares, representing 17.34 per cent. of the issued share capital of
221,300,000 shares.

The present position in respect of the disclosable interests of the
subsidiaries of Dresdner Investments is as follows:

            Dresdner RCM Global Investors (UK) Limited is interested in
37,592,415 shares representing 16.98 per cent. (previously 17.63 per cent.) of
the issued capital.

Whilst these shares are not beneficially owned by any of the above companies
we are advised that, in certain circumstances, we are required to disclose
these shareholdings pursuant to the Act.

This announcement is made on behalf of Dresdner Bank AG by Dresdner Kleinwort
Wasserstein Group Limited, a wholly owned subsidiary within the Dresdner Bank
Group.'