Brady Regulatory News (BRY)

30 April 2012

Brady plc

("Brady")

AGM STATEMENT

Brady plc (BRY.L), the leading global provider of trading, risk management and settlement solutions to the energy, metals and soft commodities sectors, is holding its AGM today. 

At the AGM, Paul Fullagar, Chairman of Brady plc, will make the following statement:

"The Board is pleased to report very positive feedback from customers, market analysts and employees following the successful acquisitions of both Navita just seven weeks ago and of syseca in February. Much of the integration planning and activities were undertaken prior to the completion of the acquisitions and the plans were finalised swiftly following acquisition. The remaining integration activities are in the process of being completed. The Board is particularly pleased with the enthusiasm and commitment from our new colleagues in supporting early completion of this process. These two acquisitions are now operating with Brady's existing energy business under a single management team, with a clear growth strategy and with detailed operational and financial plans to execute.

Whilst the European economies appear to continue to be affected by recession, the general economy in the US seems to be showing some early signs of recovery. The Company has continued to make progress in the year to date, already signing two new significant licence deals and looks forward to announcing further new deals in the coming months. We will provide further updates on progress at the interim results."

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About Brady

Brady plc (BRY.L) is the largest European-headquartered provider of trading and risk management software to the global commodity and energy markets. Brady combines fully integrated and complete solutions supporting the entire commodity trading operation, from capture of financial and physical trading, through risk management, handling of physical operations, back office financials and treasury settlement, for energy, refined and unrefined metals, soft commodities and agriculturals.

Brady has 25 years' expertise in the commodity markets with over 250 customers worldwide, who depend on Brady's software solutions to deliver vital business transactions across their global operations. Brady clients include many of the world's largest financial institutions, trading companies, miners, refiners and producers, tier one banks and a large number of London Metal Exchange (LME) Category 1 and 2 clearing members and many leading European energy generators, traders and consumers.

For further information visit: www.bradyplc.com

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