Trading Statement

First Derivatives PLC
23 August 2007

                             First Derivatives Plc

                     ('First Derivatives' or 'the Company')



                               Trading Statement





First Derivatives plc, a provider of software and consulting services to the
world's financial markets, is pleased to announce that trading during the
current financial year has exceeded management's expectations to date.



The strong financial performance of the Company has been underpinned by the
renewal of many existing contracts and the securing of some new high profile
customers. The Company has also experienced an increasing demand for both long
term consulting contracts and product sales related income. As an illustration
of the active business environment, the Company has increased headcount from 93
in February 2007 to 109 in July 2007.



As the exclusive sales partner of Kx Systems in the financial sector, First
Derivatives has been directly involved in adding the Financial Services
Authority, NYSE/Euronext, UniCredit HypoVereinsbank (HVB) and Rand Merchant Bank
 to the Kx user base.



First Derivatives' other partner companies have had some notable wins -
Principia software is now being used by one of the world's first credit
derivatives product companies, Channel Capital Advisors and Royal Bank Of Canada
have purchased IT&E's flagship Razor.  As a result, the Board believes that the
Company is well placed to benefit from the resultant increased consulting
requirements for these products.



The Company expects to report interim results for the 6 months to 31 August on 4
October 2007.



Ends





For further information please contact the following :



First Derivatives

Brian Conlon

Managing Director

028 3025 2242

www.firstderivatives.com



Blue Oar Securities

Rhod Cruwys / Romil Patel

020 7448 4400



Goodbody Stockbrokers

Diane Hodgson

Linda Hickey

[phone]



Stakeholder Communications

Carl Whyte

028 90339949







This announcement has been issued through the Companies Announcement Service of

                           The Irish Stock Exchange.






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