Contract Win

Corero PLC
14 August 2007

Corero PLC
('Corero' or 'the Company')


Substantial order for Radica CAPS



Corero is pleased to announce that further to its announcement on 3 July 2007
regarding an order for licences and services for the Radica CAPS product from a
major investment banking customer, it has won a £325,000 additional order for
professional services from the same client.



In partnership with the customer, Corero will significantly enhance the
functionality of its Radica CAPS product to introduce extensive income event
processing and related features, further establishing Radica CAPS as a leading
corporate actions processing system.



'This order indicates the faith that our customers have in our ability to
continue to provide high quality skills and services to support their business
improvement projects', commented Mark Robertson, Managing Director of Corero's
Financial Markets division.



                                                                  14 August 2007



Enquires


Corero PLC
Peter Waller (Executive Chairman)                          07785 228080
Ian Selby (Finance Director)                               01923 695191
Mark Robertson, Managing Director, Financial Markets       020 7392 1300

John East and Partners Limited                             020 7628 2200
John East/Virginia Bull

College Hill Associates                                    020 7457 2020
Matthew Smallwood/Jamie Ramsay

Landsbanki Securities (UK) Limited                         0207 426 9000
Gareth Price / James Glancy


Note: Following its change of name from Teather & Greenwood Limited to
Landsbanki Securities (UK) Limited with effect from 9 August 2007, the name of
the Company's broker has changed to Landsbanki Securities (UK) Limited.





Notes to Editors



Corero Radica CAPS



Radica CAPS is a proven solution that takes the corporate actions process from
the front office, through the middle to the back, all in a true STP environment,
offering benefits at each stage.  Flexible, scalable, auditable, compliant,
electronic and paperless, the modular design covers a comprehensive range of
corporate actions processing requirements (including dividends and manufactured
overseas dividends) from electronic capture of event notifications, entitlement
calculation, through election decision capture to outcome update.  Radica CAPS
clients include J M Finn, Credit Suisse, Panmure Gordon, Man plc and Brewin
Dolphin.


                      This information is provided by RNS
            The company news service from the London Stock Exchange