Trevor Read to Resign as Managing Director

Gresham Computing PLC
20 December 1999


                  Gresham Computing plc
              ('Gresham' or 'the Company')

                     BOARD  CHANGES

Trevor  Read, Managing Director of Gresham, has  informed
the  Board  of his intention to leave the Company  on  31
January,  2000.   The Board is pleased  to  announce  the
appointment as Managing Director, with immediate  effect,
of  Bill  Simpson who joined the Company in June and  was
recently appointed as a director.

Trevor  Read  joined Gresham in July, 1997 and  has  been
responsible for its substantial growth during this  time.
Through a series of eight acquisitions, he has helped  to
position  Gresham as a provider of e-business  solutions,
taking  the  Company into new technologies and operations
across four continents.

Bill  Simpson's career in the IT industry spans 15  years
and  has  covered  sales, product management,  marketing,
programme  management,  strategic  planning  and  general
management.  Before joining Gresham in June,  Bill  spent
two years at ICL, most recently as Global Program Manager
for  its  Payment  Systems business in  the  Banking  and
Finance  sector. He was formerly with IBM for five  years
working  in  a  number  of roles, latterly  as  Worldwide
Segment  Manager  for  its Travel  Smart  Card  Solutions
operations.   Since  September,  he  has  been   Managing
Director  of Gresham's European operations which  account
for 80 per cent of group revenue.

Gresham's Chairman, Roger Graham, commented: 'Trevor  has
made  an  enormous contribution to Gresham,  guiding  the
business  through  a major acquisition  programme  and  a
period  of  rapid  growth. The Board  wish  Trevor  every
success for the future as he takes on fresh challenges in
the IT industry.

Now  that  the  Company  is  embarking  on  a  period  of
integration, I am delighted that a man of Bill's wide  IT
industry   experience  will  be  managing   Gresham   and
reviewing the strategic options which the Company faces.'

Gresham  will  announce its preliminary results  for  the
year ended 31 October, 1999 on Monday, 7 February, 2000.

Enquiries:

Gresham Computing plc                      0207 655 3154
Roger  Graham,  Chairman                    

Square Mile Communications                 0207 601 1000
Tim   Jackaman