Statement re London Metal Exchange plastics launch

27 May 2005 06:00

Launch of the London Metal Exchange plastics contractsOn 27th May 2005 the London Metal Exchange launched trading in two new plasticscontracts: Low Density Polyethylene (LL) and Polypropylene (PP).Brady plc ("Brady") is pleased to confirm that these contracts are supported byboth the company's trading software solutions, Trinity and Opval.As a leading supplier of front-to-back office risk management software toLondon Metal Exchange members, Brady has been working with existing LondonMetal Exchange customers to ensure appropriate functional coverage of the newcontracts. It has received initial interest from new customers in relation tousing its software for plastics contract trading, and expects the introductionof the contracts to be a positive development for the company in the mediumterm.For further information, please contact: Brady plcDr Robert Brady, CEOTel: +44 (0) 1223 479479www.bradyplc.comAbout Brady plc Brady specialises in the development, installation and support of advancedsoftware solutions for global commodity trading and physical supply chainmanagement, and associated FX and money market transactions. Brady plc (BRY.L) is publicly traded on the Alternative Investment Market ofthe London Stock Exchange.ENDBRADY PLC