Proventec Plc (AIM:PROV), a provider of specialist steam cleaning and coatings
technologies, is pleased to announce that it has sold 70,182 shares in Ultra
Motor Company Limited ('UMC'), comprising its entire interest in that
investment, for £2 million. The purchaser is Noble Enterprises Limited, a
company controlled by a former director of Proventec, Mr Ian Woodcock. The sale has been concluded following the exercise of Noble Enterprises Limited's option, which was granted by Proventec in July 2006.

UMC develops motors for electric vehicles and was first introduced into
Proventec's investment portfolio in 2003, at which time the Company provided
seed capital. The Company has supported further fundraisings at UMC but,
following Proventec's reverse takeover of Flintstone Technologies plc in August
2005, categorised UMC as a non-core investment. The Company did not participate in UMC's fundraising in November 2005, at which time the Company's equity stake was diluted from 44.0% to 36.7%.

The investment in UMC is carried at cost of £463,000 in Proventec's accounts.
UMC has not traded and its unaudited accounts for the year ended 31 March 2006
show a loss after tax of £1.0 million.

The £2 million purchase consideration is to be paid in cash by Noble Enterprises Limited and comprises £200,000 which was paid on completion, with the remaining £1.8 million to be paid in stages until March 2009. The deferred consideration attracts interest at the rates of 5% to March 2007, 8% to March 2008 and 15% to March 2009.

The proceeds of the sale will be used to develop the core businesses of the
Proventec Group.

The directors of Proventec consider, having consulted with the Company's
Nominated Adviser, Dawnay, Day Corporate Finance Limited, that the terms of the
sale of the shares in UMC are fair and reasonable insofar as the Company's
shareholders are concerned.

David Chestnutt, Chief Executive of Proventec, commented: 'We are delighted to
have realised our investment in Ultra Motor Company Limited. We have enjoyed
supporting the growth of UMC since we first invested in the technology, but
since the focus of the Group has changed, the investment has been re-classed as
'non-core', as there are no synergies between it and the core businesses of the
Group. The £2 million raised from this sale will be directed to a variety of
uses, to accelerate the growth of our innovative hygienic and preventative
coatings businesses.'

In addition, Proventec has published its Annual Report and Accounts for the year ended 31 March 2006 and copies are available free of charge from the Company Secretary, Proventec Plc, 49 Rodney Street, Liverpool, L1 9EW.
- Ends -


For further information, please contact:
Proventec Plc
David Chestnutt, Chief Executive Tel: +44 (0) 151 706 0626
dchestnutt@proventecplc.com www.proventecplc.com

Media enquiries:
Abchurch
Henry Harrison-Topham / Gareth Mead Tel: +44 (0) 20 7398 7700
henry.ht@abchurch-group.com www.abchurch-group.com

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