FEI Fund-E Inv

    Fundamental-e Investments Plc ("FEI" or the "Company")             

                         Extraordinary General Meeting                         

FEI announces that on 14 November 2005 it sent a circular to shareholders
convening an Extraordinary General Meeting.

At the EGM, shareholder approval will be sought for (1) the proposed disposal
of the trade and assets of Wilson and Garden Limited ("W&G") and (2) the
proposed ongoing investment strategy for the Company.

The EGM will be held at the 4th floor, Pountney Hill House, 6 Laurence Pountney
Hill, London, EC4R 0BL on 1 December, 2005 at 14:00.

Disposal of the trade and assets of Wilson and Garden Limited

FEI has agreed, subject to Shareholder approval at the EGM, to dispose of the
trade, assets and trading liabilities of W&G to Ultralon Limited, including
broadly profits earned form 1 July 2005. FEI will retain Wilson & Garden
Limited, which will continue to own the company's freehold property at Kilsyth
and Ultralon will occupy this site for an interim period. The consideration
receivable by W&G for the sale is �400,000, including expected rental income.
The consideration is payable as to �115,000 in cash on completion with the
balance to be paid in monthly instalments over a 14 month period as set out in
the table below. As an incentive for Ultralon to leave the Kilsyth site, the
final 4 instalments are not payable if Ultralon leaves the premises before 31
October 06:-

Instalment                   Date                      Total Amount          
                                                                             
6 Instalments of � 10,000    Nov 05 - Apr 06           � 60,000              
                                                                             
6 Instalments of � 23,333    May 06 - Oct 06           � 140,000             
                                                                             
3 Instalments of � 16,667    Nov 06 - Jan 07           � 50,000              
                                                                             
Final Instalment             Feb 07                    � 35,000              
                                                                             
Total                                                  � 285,000             

The Directors believe that the sale of the business of W&G to Ultraton secures
the future for W&G and also removes significant potential liabilities from FEI.

The assets and liabilities being disposed of include all the fixed assets (but
excludes the land and building based in Kilsyth), the stock, book debts and
other trading assets together with all trading liabilities of W&G.

Information extracted from the audited and un-audited accounts of W&G are set
out below.

                          9 months to               3 months to              
                                                                             
                          30 June 2005              30 September 2004        
                                                                             
                          Un-audited                Audited                  
                                                                             
                          �'000                     �'000                    
                                                                             
Turnover                  2,266                     881                      
                                                                             
Loss before tax           254                       10                       
                                                                             
Net Liabilities           264                       10                       

FEI will retain Wilson & Garden Limited which will continue to own the
company's freehold property at Kilsyth. The property has a net book value of
approximately �480,000 as at 30 September 2005. FEI has applied for planning
approvals in respect of the Kilsyth site. The Directors anticipate that
approvals will be granted during the first quarter of 2006, following which FEI
will seek to develop the site.

FEI's ongoing strategy

As well as developing the site at Kilsyth or other similar property
opportunities, the Directors of FEI wish to identify and invest in small and
medium sized technology led and other businesses in the industrial sector in
Europe, the Middle East and Africa which could benefit from access to capital
markets using an AIM listed parent company. In assessing such opportunities,
the Directors will use their collective corporate finance and industry sector
knowledge to evaluate any proposals. Shareholders are asked to approve this
strategy.

FEI will consider investing in either a single opportunity or a number of
investment opportunities.

End

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