Lombard Risk Management Regulatory News (LRM)

09 July 2014

Lombard Risk Management plc

("Lombard Risk" or the "Company")

AGM statement

Lombard Risk Management plc (AIM: LRM), a leading global provider of integrated collateral management, regulatory compliance and reporting solutions for the financial services industry, will be holding its AGM at 9.30 a.m. today. At the meeting the Chairman will make the following statement:

"Trading since the year end has been ahead of the same time in the previous year and the Company remains on target to achieve the market growth forecasts for the current year. These growth expectations are supported by recent new licence wins and additional new orders won with existing customers. A major milestone was reached recently with the successful transmission on 30th June of XBRL reports to the UK regulator for a significant majority of our UK clients for the European Banking Authority's COREP. The number of clients using us for COREP is now over 100. We expect, as in the previous two years, that revenues for the year will be weighted to the second half.

This morning we announced the intended appointment of a new Chief Financial Officer Nigel Gurney who is expected to join the board on 1st September 2014. We interviewed a number of very strong candidates and we look forward to strengthening the board with Nigel's appointment".

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