Changes In Directorate

Lombard Risk Management plc (the "Group" or "Lombard Risk")
23rd December 2008

Lombard Risk Management plc, the 2nd largest global provider of specialised software solutions that improve the management of collateralised trading and regulatory compliance, announces that it will be reducing the size of its non-executive board from four to two in January 2009 and that accordingly Christopher Wright and Dan Kochav will be stepping down from the board.

With immediate effect, the Group's Audit Committee will be chaired by Ian Peacock, Deputy Chairman with Brian Crowe joining the Audit Committee. The Remuneration Committee will now be chaired by Brian Crowe having previously been chaired by Ian Peacock.

John Wisbey, Chairman and CEO, commented as follows:

"I and my other board colleagues have much appreciated the contribution made by both Christopher Wright and Dan Kochav. Both of them have brought considerable experience and insight over the years, and we will be sorry to lose the knowledge, enthusiasm and intellect that they have brought to the board. I would like personally to thank Christopher and Dan for their useful contribution over several years, including bringing investment into the company, which has helped us progress with our growth plans. We are very fortunate still to have on our board Ian Peacock and Brian Crowe who are two outstanding non-executives with very relevant and current knowledge of banking and financial markets".

Enquiries:

Lombard Risk Management plc
John Wisbey
Chairman and CEO
Tel : +44 (0)20 7089 3700
email: john.wisbey@lombardrisk.com

Noble & Company (Nominated Advisors & Brokers)
John Llewellyn-Lloyd
Sam Reynolds
Tel: +44 20 7763 2200

Bishopsgate Communications Ltd
Jenni Herbert
Tel: +44 20 7562 3350

Click here to email Lombard Risk's Investor Relations team

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