EXHIBIT 99.9

          EUROTECH, LTD. COMPLETES $10,000,000 PRIVATE EQUITY AGREEMENT

FAIRFAX, Va.--(BUSINESS WIRE)--March 5, 2002--Eurotech, Ltd. (AMEX:EUO-NEWS),
WWW.EUROTECHLTD.COM, announced today that it has entered into an agreement with
a new capital source for a $10 million private equity line. The investor has
agreed to purchase Eurotech common stock at a ten percent discount to the market
price and the financing will be available to Eurotech, subject to certain
conditions, at its option on an as-needed basis over a period of 24 months.
Subject to certain limitations, Eurotech has the right to determine the timing
and amount of each sale.

Eurotech's Chief Executive Officer, Todd J. Broms, said to shareholders, "This
latest commitment is one more indication that your management team is dedicated
and up to the task to successfully work within the capital markets to contract
for the availability of future capital. "

ABOUT EUROTECH, LTD.
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Eurotech develops and markets emerging chemical and electronic technologies
designed to improve the environmental and security sectors. We work with
scientists, engineers and research institutes to identify products and processes
that have unique or superior characteristics. Our portfolio of technologically
advanced products include (i) proprietary materials created to specifically
solve the serious problems of how nuclear and hazardous waste are cost
effectively contained, (ii) advanced performance materials for use in industrial
products such as coatings and paints, and (iii) automatic detection of
explosives and illicit materials for use in Homeland Security.

More information about Eurotech, its technologies and current investor
information may be obtained by visiting the Company's web site at
WWW.EUROTECHLTD.COM.

Investors are cautioned that certain statements contained in this document as
well as some statements in periodic press releases and some oral statements of
Eurotech officials during presentations about Eurotech, are "forward-looking"
statements within the meaning of the Private Securities Litigation Reform Act of
1995 (the "Act").

Forward-looking statements include statements which are predictive in nature,
which depend upon or refer to future events or conditions, which include words
such as "expects", "anticipates", "intends", "plans", "believes", "estimates",
or similar expressions. In addition, any statements concerning future financial
performance (including future revenues, earnings or growth rates), ongoing
business strategies or prospects, and possible future actions, which may be
provided by management, are also forward-looking statements as defined by the
Act.

Some of the factors that could significantly impact the forward-looking
statements in this press release include, but are not limited to: insufficient
cash flow to continue to fund the development and marketing of the Company's
products and technology, a rejection of the Company's products and technologies
by the marketplace and disputes as to the Company's intellectual property
rights. Forward-looking statements are based on current expectations and
projections about future events and are subject to risks, uncertainties, and
assumptions about Eurotech, its technology, economic and market factors and the
industries in which Eurotech does business, among other things.

These statements are not guaranties of future performance and Eurotech has no
specific intention to update these statements. More detailed information about
those factors is contained in Eurotech's filings with the Securities and
Exchange Commission.

For More Information Contact Dawn Van Zant at DVANZANT@INVESTORIDEAS.COM or Call
Toll Free 800/665-0411

________________________

CONTACT:

     EUROTECH, Ltd., Fairfax
        by
     ECON Investor Relations, Inc.
     Dawn Van Zant, 800/665-0411
     dvanzant@investorideas.com
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