Cable & Wireless Announcement

Gresham Computing PLC
20 October 2003

Embargoed for 7.45am




                             Gresham Computing plc
                                  ('Gresham')

                       CABLE & WIRELESS ANNOUNCEMENT


Gresham reports that Cable & Wireless announced today, at SIBOS in Singapore:



'...the commercial availability of its new subscription-based online information
service for the international payments industry, Cable & Wireless Real Time
Nostro (C&W RTN).



Cable & Wireless also announced that Bangkok Bank and RBC Global Services, a
division of RBC Financial Group, intend to provide data for C&W RTN, while
Dresdner Kleinwort Wasserstein will trial the service.  The announcement
represents a significant milestone in establishing C&W RTN as the industry
platform for sharing Nostro account balance and transaction details within the
banking community and follows agreement from ANZ, Barclays, JPMorgan and Mizuho
to provide data to the service, announced in May this year...'


A full copy of the Cable & Wireless press release will be available from the
Cable & Wireless Real Time Nostro website at www.cw.com/rtn



                                    - Ends -


For further information, please contact:

Gresham Computing plc                                 020 7653 0220
Andrew Walton-Green

Weber Shandwick Square Mile                           020 7067 0734
Sally Lewis



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

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