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