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: [phone]

Jarlath McGee , CEO

Ian Selby, FD

John East and Partners                              Tel: [phone]

John East

Virginia Bull

College Hill                                        Tel: [phone]

Matthew Smallwood


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