Contract

Mondas PLC
18 August 2004


                                                    To be embargoed until 7.00am
                                                             on 18th August 2004

Mondas PLC ('Mondas') announces further order from existing customer.

Banking & securities software specialist, Mondas, announces today that it has
received a further order for over £126,000 from an undisclosed existing customer
for additional functionality for Mondas' corporate actions software, Radica
CAPS. This order is the second of three items of work under negotiation that
will enhance 'straight-through-processing' within the institution's corporate
actions departments. These work items will continue to advance existing systems
as part of a progressive improvement in functionality. The enhancements will
greatly increase the automation in key areas of the product.

Jarlath McGee, CEO of Mondas commented:

'This further order underlines the commitment of our customers to work with
Mondas to significantly increase the appeal of our Radica CAPS product to other
large global institutions.'


ENQUIRIES:

Jarlath McGee
Chief Executive

Mondas PLC                                                Tel: [phone]


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