Stand-by Facility

EmdexTrade PLC
07 February 2003

                                 EmdexTrade plc

                               Stand-by Facility

EmdexTrade plc, the international trade finance and forfaiting company, is
pleased to announce that it has agreed with CCH Europe Gmbh, a company partly
owned by Mr. Eren Nil, a director of the Company, for a stand-by convertible
loan facility of £300,000 in order to facilitate ongoing trading.  The facility
covers the period to 30 November 2003.

The trading platform (www.emdextrade.com) has now been fine-tuned and is already
generating encouraging interest.

                                                                 7 February 2003

ENQUIRIES

EmdexTrade plc                                       Tel: [phone]
Ken Mackay (MD) New York

College Hill                                         Tel: [phone]
Matthew Smallwood


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