Agreement

Mondas PLC 17 May 2001 Mondas PLC ('Mondas' or the Company') Mondas PLC is pleased to announce that is has signed an agreement with Consort Securities Systems Ltd ('Consort'), the stockbroking and investment management software house, to supply its Radica CAPS corporate actions workflow solution alongside Consort's 4i range. Mondas' Radica CAPS automates the lifecycle of corporate events, managing deadlines, triggering compliance warnings where necessary and maintaining full audit trails providing the best solution for Consort's clients. Tim Simon, Chairman at Mondas comments: 'We are delighted that Consort has selected Mondas to be supplier of choice to the Consort customer base with our Corporate Actions Processing Solution, Radica CAPS. Radica CAPS has a unique approach to this type of market activity which delivers real cost savings and, at the same time, delivers a much improved service to clients. We look forward to this opportunity to add value to the Consort client base.' Information on Consort Consort is one of the leading software suppliers in the stockbroking industry with approximately one third of all Stock Exchange trades processed through its 4i range of products every working day. Information on Mondas PLC AIM-listed Mondas PLC specialise in innovative solutions for the Financial Sector based upon Radica TCMS (transaction & communication management systems), its powerful technology platform comprising Internet, workflow, accounting & management technologies. Radica CAPS is installed at Brewin Dolphin Securities where over 800 users enjoy the benefits of automated processing of corporate events. For further information please contact: Mondas PLC 01932 334600 Tim Simon, Chairman College Hill 020 7457 2020 Matthew Smallwood Camilla Glen