21 September 2009, London: Brady plc (AIM: BRY), the leading supplier of trading, risk management and settlement solutions to the metals and commodities sectors, has announced today that Standard Bank Plc are the first to use Brady’s new interface to LME SMART (the London Metal Exchange System for Matching and Registering Trades). Using the Brady interface LME member firms are now able to connect directly to the LME’s matching system, which will forward trades to the London Clearing House (LCH) for clearing.

Standard Bank was quick to see the benefits of the SMART interface and was determined to be one of the first LME member firms to have a production-ready system in place to take advantage of the new levels of automation. Standard Bank and Brady’s development and installation teams worked very closely together to produce a solution that meets all the LME’s requirements.

Brady’s CEO, Gavin Lavelle, commented: “The increased automation of the commodities market is leading to greater speed of execution, lower cost of trading and increased compliance and audit functions.. Standard Bank has an impressive 147-year history and for much of that time it has been very closely involved in the production and trading of metals. We have been working with the bank for a number of years, and it is a privilege to have Standard Bank as a client.”

Brady is being used by Standard Bank globally for trading and risk management on the metals desks in London, New York, Tokyo, Shanghai and Hong Kong among others.

###

Editorial contact

Alla Lapidus

Moonlight Media

Tel: +44 (0) 20 7250 4770

Email: alla@moonlightmedia.co.uk

Notes to Editors

About Standard Bank

Standard Bank is a leading African banking group focused on emerging markets globally. It has been a mainstay of South Africa's financial system for over 145 years, and now spans 17 countries across the African continent. Its international expansion has taken it to 16 countries outside Africa including Brazil, Russia and China. Its headquarters are in Johannesburg and it is listed on the Johannesburg Stock Exchange.

Standard Bank's Corporate and Investment Banking division is a leading global emerging markets corporate and investment bank and offers its clients banking, trading, investment, risk management and advisory services in developing economies throughout the world. It has specific sector expertise in industries relevant to its global footprint, with strong sector value propositions in: mining & metals; oil, gas & renewables; telecommunications & media; power & infrastructure and Financial Institutions.

Standard Bank Plc in London is the bank's principal international subsidiary. It is authorised and regulated by the Financial Services Authority, and is a member of the London Stock Exchange, the London Bullion Market Association, the London Metal Exchange, the London Platinum and Palladium Market and the New York Mercantile Exchange (COMEX Division). Through its branch in Tokyo, it is also a member of the Tokyo Commodities Exchange (TOCOM). It has major trading affiliates in Brazil (Banco Standard de Investimentos S.A.), Argentina (Standard Bank Argentina S.A.), and Hong Kong (Standard Bank Asia Ltd.)

Key facts and figures

• Standard Bank Group assets of approximately US$162 billion (December 2008)
• Market Capitalisation of approximately US$14 billion (December 2008)
• Present in 33 countries around the world
• Employs more than 50,000 people world-wide (including Liberty)

For further information visit: www.standardbank.com/cib

About Brady plc

Brady plc (AIM: BRY) is a leading global provider of trading and risk management software to the global commodity markets. On a single platform 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 refined and unrefined metals. Brady has more than 20 years of expertise in the commodity markets with 56 customers worldwide, including some of the largest financial institutions and mining corporations that depend on Brady's software solutions to deliver vital business transactions across their global operations. Brady clients include many of the world’s largest miners, refiners and producers, tier one banks and a large number of London Metal Exchange (LME) Category 1 and 2 clearing members. For further information visit: www.bradyplc.com