Statement re Investment

Eurovestech PLC
31 March 2003

Eurovestech PLC
31 March 2003



                       Eurovestech Plc ('Eurovestech')

                            Statement re Investment



In September 2002, Eurovestech announced that Boxmind Limited ('Boxmind'), the
Oxford based e-learning publisher and consultancy received third party funding
of £300,000 valuing Eurovestech's 41 per cent. interest in Boxmind at £3.9
million. This compares with a cost of investment of £905,000.



Boxmind is now in advanced discussions with a major media organisation to
produce substantial new e-learning material for the UK education market.



Whilst we anticipate that the successful outcome of these discussions should
lead to very significant benefits to Boxmind, given the current progressively
tougher business and funding environment, we believe it prudent to reduce the
carrying value of our shareholding in Boxmind to cost.



Further enquiries:



Eurovestech plc

Richard Bernstein, Chief Executive                         Tel: [phone]






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