Further Investment-TigerEx Gp

Billam PLC
18 March 2002

                              Billam Plc.(Billam)



Further Investment in TigerEx Group Limited



The Directors of Billam today announced that the company had acquired a further
2.8 million shares in Tigerex Group Ltd (Tigerex) and now holds a total of
4,266,667 shares representing 10.147% of the issued share capital of TigerEx.
Tigerex facilitates a convenient web enabled order entry interface for Execution
Brokers wishing to lower the cost of and enhance their institutional execution
offering to any international market. Tigerex accomplishes this by successfully
combining three elements: innovative and secure technology, robust product
functionality and cross-border trading expertise. The Prudential Plc are
cornerstone investors in Tigerex Group Ltd.



For Information please contact Peter Hoskins



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