New Contract Wins

Mondas PLC 26 November 2001 Mondas PLC ('Mondas' or the Company') THREE NEW CONTRACT WINS FOR MONDAS Mondas, the Securities and Investment software solutions specialist, is pleased to announce that it has won three new contracts. The largest contract is with Close Wealth Management Ltd, part of the Close Brothers Group, to supply Radica Corporate Actions and Dividends software, built on the Group's Radica TCMS platform. Two further contracts have been signed with Man Securities (additional to the recently announced Radica CAPS contract) and Lloyds TSB Stockbrokers. The combined value of these new contracts is over £ 200,000, with the potential for further rollout. Tim Simon, Chairman of Mondas comments: 'We are delighted to announce these three new contract wins with such prestigious organisations within the securities sector. This endorses our step-by-step approach to building and deploying software solutions, which is of particular value in the high risk arena of securities and investment.' 26 November 2001 For further information please contact: Mondas PLC 01932 334600 Tim Simon, Chairman Jarlath McGee, Chief Operating Officer College Hill 020 7457 2020 Matthew Smallwood Camilla Glen Notes to Editors: Mondas PLC AIM-listed Mondas PLC specialises in innovative solutions for the Financial Sector based upon Radica TCMS (transaction & communication management system), its powerful technology platform comprising Internet, workflow, accounting & management technologies. Radica CAPS (corporate actions processing) is installed at Private Client Stockbroker, Brewin Dolphin Securities, where over 800 users benefit from automated processing of corporate actions. Radica CAPS is also deployed at Man Securities.