re CSFB Contract

Mondas PLC
19 December 2003

                                   MONDAS PLC



                       CSFB COMMENCES PRODUCTION PARALLEL
                               with Radica CAPS,
                   Corporate Actions software from Mondas PLC



Credit Suisse First Boston (Europe) Limited ('CSFB') has confirmed that it has
taken Mondas PLC's Radica CAPS into production parallel.  Mondas has provided
CSFB with a customised corporate actions ('CA') processing solution for their
London based international corporate actions operation.



This follows the announcement of a new contract with HSBC and Mondas Interims
released yesterday, December 18 2003.



Tim Simon, Chairman and CEO of Mondas PLC commented:



'This underlines our ability to work with our clients to deliver projects to
large global institutions'



'We believe that this project will enhance our ability to meet the requirements
of the global investment banking community, a key market for Mondas.'



19 December 2003


ENQUIRIES:
Mondas PLC                                                   Tel: [phone]

Tim Simon, Chairman and CEO

College Hill                                                 Tel: [phone]

Matthew Smallwood



NOTES TO EDITORS



Radica CAPS provides an automated environment for processing Global Corporate
actions from data capture to outcome creation, via a controlled environment to
reduce risk and improve efficiency.



AIM listed Mondas PLC was assessed by an independent panel of user experts in
the 2003 B.I.S.S. City Compass Benchmarking event as 'Best for Asset Managers'
and 'Best for Broker/Dealers' with Radica CAPS, its corporate actions processing
solution.  Other Radica CAPS clients include: HSBC, Credit Suisse Asset
Management, GNI, Close Wealth Management and Brewin Dolphin.


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