12 May 2021

TMT INVESTMENTS PLC

("TMT" or the "Company")

Portfolio Update

TMT Investments Plc (AIM: TMT.L), the venture capital company investing in high-growth technology companies, is pleased to announce the following developments in the Company's portfolio since the publication of the Company's 2020 Annual Report on 25 March 2021.

New investments

The Company has made the following new and further investments since the publication of its 2020 Annual Report on 25 March 2021:

·    Additional €575,000 in Postoplan OÜ, a social network marketing platform, which helps create, schedule, and promote content (www.postoplan.app);

·    £200,000 in Balanced Ventures Limited, trading as FemTech Lab, Europe's first tech accelerator focused on female founders (www.femtechlab.com);

·    US$300,000 in Agendapro, Inc., a SaaS-based scheduling, payment and marketing solution for the beauty and wellness industry in Latin America (www.agendapro.com);

·  US$2,000,000 in Muncher Inc., a dark kitchen and virtual food brand operator in Latin America (www.muncher.com.co);

·    US$1,000,000 in Aurabeat Technology International Limited, the producer of air purifiers that are FDA-certified to destroy viruses and bacteria (www.aurabeat-tech.com); and

·    Additional £1,836,000 (via acquisition of new and existing shares) in 3S Money Club Limited, a UK-based online banking service focusing on international trade (www.3s.money).

As of 12 May 2021, TMT has approximately US$25.2 million of cash and cash equivalents on its balance sheet, and the Company continues to research and identify suitable investment opportunities.

Alexander Selegenev, Executive Director of TMT, said:

"During the last few months, we have been continuing to actively invest the proceeds from our US$41 million exit from sales management software company, Pipedrive, which was completed in December 2020.  We believe the recent investments announced today represent exciting and fast-growing future prospects, operating innovative and globally scalable business models.  These include a US$2 million investment into Muncher Inc., a next generation, fast-growing dark kitchen and virtual food brand operator in Latin America, whose business model addresses carbon footprint and sustainability matters by providing food entrepreneurs with kitchen facilities located in reconverted shipping containers and in closer proximity to their clients.  The other investments made provide exposure to the wellness and femtech sectors via Agendapro and FemTech Lab, the Covid-19/hygiene market, via Aurabeat Technology, the social media/digital marketing sector, via an additional investment into Postoplan, the cyber-risk management sector, via Cyberwrite, and the fintech sector via an additional investment into 3S Money.

"With over 40 companies currently held in its portfolio, TMT provides a liquid route to invest in a globally diversified portfolio of hard to access, fast-growing, privately held technology companies thanks to TMT's publicly traded shares on the London AIM market. We look forward to keeping shareholders updated on relevant developments".

For further information contact:

About TMT Investments PLC

TMT Investments PLC invests in high-growth technology companies across a number of core specialist sectors and has a significant number of Silicon Valley investments in its portfolio. Founded in 2010, TMT has invested in over 65 companies to date and has net assets of US$178 million as of 31 December 2020.  The Company's objective is to generate an attractive rate of return for shareholders, predominantly through capital appreciation.  The Company is traded on the AIM market of the London Stock Exchange. www.tmtinvestments.com.

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