Kennet Venture Partners Limited, ("Kennet"), the European technology venture capital firm, announces today that it has appointed Manish Mittal as Finance Director.

Manish has spent the last three years with Advent Venture Partners, most recently as Financial Controller, a position he had held since early 2001. Prior to this, Manish worked at PriceWaterhouseCoopers in the audit department as an Assistant Manager.

Michael Elias, Managing Director at Kennet Venture Partners said: "We are delighted that Manish has joined the Kennet team. Manish brings significant, relevant experience of dealing with venture capital finance issues having worked within this area over the past three years."

Manish started as Finance Director at Kennet Venture Partners on 16 February 2004.

Kennet Venture Partners Limited

Kennet Venture Partners (www.kennet.com) is a leading European venture capital firm focused exclusively on the IT, communications and media industries. Kennet Venture Partners places a strong emphasis on investments in networking and communications technologies, semiconductor IP, Internet infrastructure and enterprise software. Kennet Venture Partners acts as an advisor to Kennet I LP, a Jersey limited partnership and to Kennet II LP, a Guernsey limited partnership. Kennet Venture Partners is authorised and regulated by the Financial Services Authority.