Issue of Debt

Enition PLC 09 August 2004 Enition plc ('Enition' or the 'Company') Issue of Debt Enition announces that it has raised funds of £350,000 through the issue of loan notes, including £20,000 on a non-convertible basis to CEO, Ray Dutton. The funds raised shall be utilised as working capital for the Company to advance the marketing programme of its RESolution software product. The loan notes will accrue interest at an interest rate equal to LIBOR and are repayable upon the earlier of the first anniversay of their issue or upon certain other events occurring. If the loans are not repaid pursuant to the terms of the loan notes, then the holders of £330,000 of loan notes shall be entitled to convert their loan notes into ordinary shares in Enition at the lower mid-market price of the Company's shares on a) the date of issue of the loans or b) the date of conversion. Contact: Ray Dutton, Enition plc Tel: 07767 617 889 Jeremy Porter, Seymour Pierce Ltd Tel: 020 7107 8000 About Enition plc: Its RESolution technology provides an enterprise-wide platform for managing every aspect of compliance from information integration and process deployment to reporting and policy enforcement. RESolution's innovative metadata map, together with an intuitive drag & drop interface, lets business analysts quickly and easily connect data stored in silos (e.g. central databases, local spreadsheets and department application files) and create common processes and business rules that can be federated across the enterprise. With RESolution, organisations can: •Regain control - RESolution removes technology barriers to and drives out the cost and complexity of corporate, statutory and regulatory compliance. Businesses can gain better visibility and control of their operations through enhanced reporting and, in turn, ensure that compliance and best practice policies are enforced from the bottom up; •Increase business agility - Front-line business units gain real-time access to local and corporate data, regardless of its source, location or technology. RESolution creates a framework for collaboration, reduces the risk of data duplication and removes the need for manual consolidation of information; •Enhance the business value delivered by existing IT assets - RESolution adds a non-invasive layer to an organisation's existing data architecture, enabling it to deploy new business processes faster and more effectively using existing IT systems and applications. Enition works with a select number of blue-chip deployment partners, including IBM. RESolution has been implemented in customer organisations across the UK and the Nordics, including Norcosse and the Lovisenburg hospital complex. www.cdesolutions.com This information is provided by RNS The company news service from the London Stock Exchange

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