Trading Update

Mondas PLC
03 May 2005


                     Mondas plc ('Mondas' or 'the Company')

                                 Trading Update

Following record-breaking revenues in the second half of the financial year
ended 30 April 2005, Mondas is pleased to announce that it achieved revenue for
the financial year of approximately £4,550,000. This is the Company's best ever
sales performance and the directors now expect a profit for the year, before
taxation, exceptional items and amortisation charges, in the region of £50,000.
This result, which is the first profit in the history of the Company, compares
with a loss of £807,000 in the year ended 30 April 2004 and follows a loss of
£533,000 in the six months ended 31 October 2004, on the same basis. The
improvement was achieved through strong revenue growth in the banking and
securities division, improving margins in the Resource business unit and reduced
central costs. The Company's balance sheet has strengthened significantly since
31 October 2004 and cash balances at 30 April 2005 were approximately
£1,000,000.

Mondas expects to announce its results for the year ended 30 April 2005 in July
2005.

Enquiries:   
                                                    
Mondas plc    
Jarlath McGee (Chief Executive)                             020 7392 1300
Ian Selby (Finance Director)

College Hill                                                020 7457 2020
Matthew Smallwood/Clare Warren














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