Contracts, Trading Update

Mondas PLC 03 January 2007 Mondas plc ('Mondas' or the 'Company') Announcement of Contracts and Trading Update for the year ended 31 December 2006 Contracts Mondas is pleased to announce significant contracts to extend the use of Blue Curve with its major clients and a new customer in the US. ING and Vontobel have extended their licence terms and Evolution Securities has both extended its licence and added further users, resulting in significant revenues for the year. At the end of the year Mondas secured a second US client for its Blue Curve product. The client is a West Coast based investment bank and will use Blue Curve to automate the creation and distribution of its research. Trading Update Mondas has made strong progress during the year, achieving record revenues and profits. The Blue Curve division has had a particularly successful year and has more than doubled its revenues compared to 2005. Significant licence revenues have been derived both from existing customers, and from new clients added during the year. The Company expects to produce annual operating profits before taxation, acquisition integration costs and amortisation charges of approximately £400,000 on revenues of approximately £6.3 million which is a turnaround of just under £1.2million from the £770,000 loss incurred in the previous year. This is less than market expectations, due entirely to the slippage of a large licence extension agreement from an existing customer for its Mondas corporate actions processing system, Radica CAPS. This slippage arose from a procurement delay and it is expected that this licence extension agreement will be signed shortly, significantly augmenting the first half of 2007 and the year as a whole. Consequently, the directors' aggregate profits expectations for 2006 and 2007 remain unchanged. The Company expects to report that all business units were profitable. The addition of 26 new clients has substantially increased and broadened Mondas' customer base, particularly in the Financial Markets division. Contracted support revenues for 2007 have increased by 47 per cent to £2.8 million. Finally, the Company has substantially improved its working capital position and operating cashflow is positive, putting it in an excellent position to take advantage of the momentum built during the year and the opportunities that have been created across all its business units The Company will report its preliminary results for the year ended 31 December 2006, in March 2007. 3 January 2007 ENQUIRIES: Mondas PLC Tel: 020 7392 1300 Jarlath McGee , CEO Ian Selby, FD John East and Partners Tel: 020 7628 2200 John East Virginia Bull College Hill Tel: 020 7457 2020 Matthew Smallwood This information is provided by RNS The company news service from the London Stock Exchange LBBDFBZBBQ