New Contract Wins

Mondas PLC
26 November 2001

                                  Mondas PLC

                          ('Mondas' or the Company')

                      THREE NEW CONTRACT WINS FOR MONDAS

Mondas, the Securities and Investment software solutions specialist, is
pleased to announce that it has won three new contracts. The largest contract
is with Close Wealth Management Ltd, part of the Close Brothers Group, to
supply Radica Corporate Actions and Dividends software, built on the Group's
Radica TCMS platform. Two further contracts have been signed with Man
Securities (additional to the recently announced Radica CAPS contract) and
Lloyds TSB Stockbrokers. The combined value of these new contracts is over £
200,000, with the potential for further rollout.


Tim Simon, Chairman of Mondas comments:

'We are delighted to announce these three new contract wins with such
prestigious organisations within the securities sector.  This endorses our
step-by-step approach to building and deploying software solutions, which is
of particular value in the high risk arena of securities and investment.'


26 November 2001



For further information please contact:


Mondas PLC                                                01932 334600
Tim Simon, Chairman
Jarlath McGee, Chief Operating Officer

College Hill                                              020 7457 2020
Matthew Smallwood
Camilla Glen



Notes to Editors:



Mondas PLC

AIM-listed Mondas PLC specialises in innovative solutions for the Financial
Sector based upon Radica TCMS (transaction & communication management system),
its powerful technology platform comprising Internet, workflow, accounting &
management technologies.  Radica CAPS (corporate actions processing) is
installed at Private Client Stockbroker, Brewin Dolphin Securities, where over
800 users benefit from automated processing of corporate actions.  Radica CAPS
is also deployed at Man Securities.