Trading update

Lombard Risk Management plc

("Lombard Risk" or the "Company")

Trading Update

Lombard Risk Management plc (AIM: LRM), the global provider of specialised software solutions that improve the management and reporting of collateralised trading, liquidity and regulatory compliance, today announces the following Trading Update which explicitly draws attention to statements also made in the March 2010 results announcement made today.

Lombard Risk has had a strong trading start to the new financial year, with a profit achieved in the four months April-July 2010, and revenue over 30% higher than in the comparable period last year. All the divisions of the firm have contributed positively during this period, with a particularly strong contribution from the regulatory part of the business. Lombard Risk has now won 30 UK contracts in the Liquidity Regulatory space in the last 10 months. A number of further deals, both for Lombard Risk's Colline collateral management product and for its regulatory products, are expected before the close of the half year on 30th September 2010. A further trading update will be made shortly after the close of the half year.

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