Braveheart Investments Regulatory News (BRH)

17 May 2011

Braveheart Investment Group plc

Investment in Surface Generation Limited

Braveheart Investment Group plc (AIM: BRH) ('Braveheart' or the 'Group'), the AIM-listed specialist in growth capital investments for business angels, high net worth individuals and family offices, announces that Envestors Limited, its wholly owned subsidiary, has closed a £1.4 million fundraising for Surface Generation Limited ('Surface Generation' or 'SG'), the UK developer of advanced composite manufacturing processes. The funds raised through Envestors amounted to £1 million, the remainder being provided by existing shareholders and the management team.

In 2010 following a presentation by Ben Halford, CEO of Surface Generation, SG raised £425,000 through Envestors in an earlier funding round. Envestors provides a service matching high growth companies with high net worth investors and family offices.

Surface Generation engages in developing reconfigurable pin tooling for component manufacture. Its patented reconfigurable technology overcomes traditional lead time and cost issues associated with large- and short-run component manufacturing by using a hybrid subtractive and additive build strategy to create the front face of the tool, as opposed to the entire solid mould insert.  Established in 2002 and based at Oakham, Rutland, SG serves the international automotive andaerospaceindustries.

Geoffrey Thomson, Chief Executive of Braveheart Investment Group, said: "This investment is typical of the private fundraising an effective business angel network such as Envestors can achieve for promising businesses. As angel investment plays an increasingly important role in UK recovery, Braveheart and its subsidiaries are well placed to make the most of such opportunities."

Commenting on the investment, Oliver Woolley Managing Director of Envestors, said: "Surface Generation is bringing major efficiencies to manufacturing engineering, and this is one reason for the continued progress of this highly innovative British business."

Murray Steele, Chairman of Surface Generation, commented: "The money raised through Envestors, existing shareholders and management will help fund investment in our advanced processes and exploit new market opportunities globally."

For further information please visit:

www.braveheartinvestmentgroup.co.uk

www.envestors.co.uk

www.surface-generation.com

Or contact:

Notes to editors

Braveheart Investment Group makes and manages investments in young, emerging British companies, specialising in building tax-efficient portfolios for business angels, high net worth individuals and family offices. Braveheart was founded in 1997 by a small group of investors to encourage and syndicate investments in privately held companies that offered opportunities for significant growth. Fourteen years on, Braveheart is a public company with a demonstrable track record in early-stage technology investing, an established client base and offices in Perth, London and Yorkshire.

Investments are made in unlisted companies where there is potential for significant growth through successful commercialisation of IP. Through close relationships with leading universities and innovation centres, Braveheart has access to a wide variety of emerging commercial opportunities at early stages. There are currently some 45 companies in Braveheart's diverse portfolio (includes all companies where the Group has a financial interest) and it has completed more than 100 deals.

Following the 2010 acquisition of Envestors Ltd, the London based specialist corporate finance advisory business, Braveheart has greater geographical reach and offers a unique and comprehensive suite of tax-efficient products to high-net-worth investors.