Investment in Virotec

RNS Number:2095S
Ludgate Environmental Fund Limited
11 April 2008


Ludgate invests in Virotec International Plc

Ludgate Environmental Fund Limited ("LEF" or the "Fund") has announced that it
has made an investment into the environmental remediation and industrial waste
treatment company Virotec International Plc (AIM: VTI).

LEF has purchased 7.5 million Virotec ordinary shares at an average price of
10.66 pence per share.  This purchase represents approximately 2.84 per cent of
the issued share capital of Virotec.


Ludgate Environmental Fund:
Chairman, John Shakeshaft                            +44 (0)20 7591 4800

Ludgate Investments Limited:
Nick Pople / Nigel Meir                              +44 (0)20 7621 5770

Media Enquiries :
Carbon International Limited
David Hopkins / Samantha Hill                        +44 (0)20 7483 3343

NOMAD:
PricewaterhouseCoopers LLP
Melville Trimble                                     +44(0)20 7213 8898

Broker:
Fairfax I.S. PLC
Ewan Leggat                                          +44 (0)20 7598 5368



Notes for Editors

About Ludgate Environmental Fund:

Ludgate Environmental Fund is a Jersey domiciled closed-ended investment
company, listed on AIM. The Fund was launched in August 2007, raising �26.7
million at listing. A further �3.0 was raised by the Fund in February 2008.

The Environmental/Cleantech sector is characterised by products and services
which optimise the use of natural resources while reducing environmental impact
in ways that enhance economic value. Opportunities include: energy efficiency
and alternative energy sources including renewable energy; water treatment and
management; waste management and resource recovery; industrial process advances;
and emission reduction technologies.

LEF was launched to enable experienced and sophisticated investors to
participate in a diverse portfolio of investment holdings in Environmental/
Cleantech companies. LEF believes that there are a number of key drivers of
growth, both in terms of business and investment activities, within this sector
including:

*   increasing demand for, and decreasing supply of, natural resources;

*   rising concern over the economic costs of waste accumulation and pollution;

*   growing awareness of environmental issues amongst the public; and

*   environmental technology advances in recent years.


The Fund's Investment Adviser, Ludgate Investments Limited, has significant
experience and a successful track record of investing in and helping to build
companies within this sector.

Website: www.ludgateenvironmental.com




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