Interim Results 2006

Lombard Risk Management plc
23rd November 2006

Lombard Risk Management plc today announces its interim results for the period ended 30 September 2006. Highlights:

• Significant forward momentum with revenue on track for c. 50% p.a. like for like growth in full year
• 13 major new deals concluded in period each worth in excess of £100,000 in their first two years
• Software businesses back to near breakeven in first half and look set for overall profitability in full year
• Shanghai operation now well established and cost savings made in London
• Turnover £3.46m (2005: £2.20m)
• Operating loss £1.11m (2005: £0.810m) made up of
  •   £0.10m loss in software businesses (including £0.02m FRS20 charge from share   options awarded to employees)
  •   £0.59m investment in independent valuation business
  •   £0.33m start up costs of Shanghai operation
  •   £0.09m goodwill amortisation

The full results are available here: Interim Results 2006.

Enquiries:

John Wisbey
Chairman and CEO
Tel : +44 (0)20 7384 5000

Noble & Company (Nominated Advisors)
Matthew Hall, Director
Tel: +44 20 7763 2200

Click here to email Lombard Risk's Investor Relations team