Holding in Company

Eurovestech PLC
21 August 2001

                                                         For Immediate Release


                                                             21st August, 2001



                       EUROVESTECH PLC ('the Company')


                              Holding in Company


The Company was notified today by Capital Gearing Trust Plc that, as a result
of shares acquired on 20th August, 2001, it had a notifiable interest of
13,067,000 Ordinary Shares, equivalent to 5.9 per cent. of the issued share
capital of the Company.