EVOLVE CAPITAL PLC                               

              FIRST INVESTMENT BY EVOLVE JOINS PLUS-QUOTED MARKET              

 

Further to the announcement of 6 February 2008, in which it gave details of its
first investments, the board of Evolve Capital plc ("Evolve") is pleased to
announce that the shares of the first of these two companies, Woodspeen
Training plc ("Woodspeen"), have today been admitted to trading on the
PLUS-quoted market (Ticker - WSTP) advised by Whim Gully Capital LLP as
corporate adviser and broker.

 

Woodspeen was founded by Charles Prior, the former Chief Executive of BPP
Holdings Plc, with a view to building a substantial training business focused
on the adult vocational training sector within the UK.

 

Evolve invested in Woodspeen on identical terms to Woodspeen's founding
directors, and subscribed �300,000 for a total of 1,500,000 shares.

 

Woodspeen's directors subsequently raised a further �2,000,000 through a
placing of 5,000,000 shares at a price of 40p per share.

 

At Admission, and based upon the placing price of 40p per share, Woodspeen had
a market capitalisation of �3,500,000.

Contact:

Evolve Capital plc                      020 7937 4445                          
                                                                               
Oliver Vaughan, Director                                                       
                                                                               
City Financial Associates Limited       020 7492 4777                          
                                                                               
James Caithie                                                                  



END
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