14/03/12

Co-operation Agreement Signed

Eurovestech and Cenkos Securities plc ("Cenkos") are pleased to announce the signing of a co-operation agreement in which both companies aim to benefit from each other's expertise, knowledge and wide range of networks in the investment community to help companies raise money.

Specifically, the agreement focuses on accessing capital in the Middle East and in particular NASDAQ Dubai. The co-operation agreement provides that Cenkos will work with Eurovestech on any suitable opportunities that clients may have to raise funds on NASDAQ Dubai. In addition, introductions of new clients and transactions by Eurovestech with Cenkos will be subject to commission sharing arrangements.

Under the terms of the agreement, Eurovestech has agreed to pay GBP900,000 in cash to Cenkos. Cenkos will pay Eurovestech a proportion of any commission earned on transactions as a result of introductions of new clients by Eurovestech. There is no cap on the amount that Eurovestech can earn under the co-operation agreement. In addition, Cenkos has agreed to provide discounted commission rates on funds raised for Eurovestech and its investee and associated companies.

Richard Bernstein, Chief Executive of Eurovestech comments: "We are delighted to have secured this agreement. It is exactly 12 years since Eurovestech listed on AIM and now is the ideal time to be able to broaden funding routes for our investee companies as well as being able to generate potential revenues from working more closely with Cenkos."

Enquiries:

Eurovestech plc

Richard Bernstein
Chief Executive
Tel: 020 7478 9070
www.eurovestech.com

Merchant Securities Limited (NOMAD)

David Worlidge/Simon Clements
Tel: 020 7628 2200