Distribution Agreement

8 November 2010

Vipera PLC

("Vipera" or "the Company")

Distribution Agreement

Vipera announces today that it has concluded an agreement with T.N. Information Systems Ltd (TNIS), a leading consulting & IT services company serving the banking and government market in Thailand. The agreement provides for TNIS to become Vipera's official distributor and system integrator in Thailand.

Established in 1989 as a joint venture between Nixdorf Computer AG and T.N. Incorporated Ltd., TNIS provides consulting, core banking solutions and a wide range of IT services to several major banks and financial institutions in Thailand, including Bank of Thailand, the Government Savings Bank, Bank of Agriculture and Agricultural Co-operatives, and Krung Thai Bank.

The agreement in Thailand is part of a wider strategy by Vipera to deliver services and expertise to companies and governments in ASEAN countries and expand its reach into China and India.

For further information, please contact:

Vipera Plc:

Marco Casartelli Tel: +39 02 7214 2424

Roger Mitchell Tel: +39 02 7214 2424

Martin Perrin Tel: 07785 505 337

Beaumont Cornish Limited:

Roland Cornish Tel: 0207 628 3396

James Biddle Tel: 0207 628 3396

Daniel Stewart & Company Plc

Colin Rowbury Tel: 0207 776 6550