Brady Acquires Viveo Switzerland to Extend its Reach in Commodities Markets

LONDON, March 16, 2010 - Brady plc (BRY.L), (www.bradyplc.com/) the leading supplier of
trading and risk management solutions for metals and commodities, announces
today its acquisition of the commodities business of Viveo Switzerland SA.
Viveo Switzerland is a leading solutions provider, principally for soft
commodities, oil, gas and metals. Its technology, client base and deep domain
knowledge is seen as a strong addition to Brady's portfolio of trading and
risk technology. The acquisition will increase Brady's asset class coverage
and European footprint, strengthening its cross-market,
single-source-solution competency that the market is demanding.

Viveo Switzerland has been in business since 1986 and so brings
significant experience in the commodities business as well as a substantial
number of clients based in Switzerland, France, Italy and Russia. It has
in-depth expertise in contract management, payment, invoicing, logistics,
inventory management and treasury, which are all highly complementary to
Brady's own strengths in risk management and trading.

Viveo Switzerland was part of the Viveo Group that was sold to Temenos in
December 2009. Brady acquired Viveo Switzerland from Temenos, in order to
take advantage of the opportunity to accelerate growth from a stronger
combined commodities solution.

The acquisition and integration of Comsoft at the start of 2009 has been
very successful and demonstrates Brady's ability to combine technology and
solutions for the benefit of its clients. The integration of Viveo
Switzerland's solution-set into the Brady offering will present clients with
full cross-commodity coverage and will cover the complete lifecycle of
commodities trading from capture, through processing, inventory, invoicing
and ultimately reporting P&L on the trades.

Gavin Lavelle, CEO of Brady plc, commented, "This acquisition will expand
our coverage of diverse asset classes, increase our critical mass in mainland
and Eastern Europe and we anticipate will lead to continued growth. The
volume of trading in soft commodity futures contracts increased 16% last year
with significant growth forecast for this year, for example in the
soon-to-be-traded CME palm oil contracts. We welcome our enhanced ability to
offer solutions with enhanced asset-class coverage in this growing market."

Robert De Picciotto, CEO of Viveo Switzerland, said: "This is a great
deal for both parties and presents enormous potential for growth. This
acquisition will allow Viveo's clients to enter other market areas, not
previously covered. Brady's worldwide presence will give existing and new
clients access to the major markets in the US and Asia. Importantly, the deal
provides continuity of support for our clients and offers my staff, many of
whom have been with me for a considerable number of years, exciting new
career opportunities within Brady they are keen to explore. The next few
years will be an exciting time, and my team and I are looking forward to
working with Brady."

Please Note: Photographs of Gavin Lavelle are available on request.

Media contact: John Norris, Moonlight Media, Tel: +44(0)20-7250-4770, Email: john at moonlightmedia.co.uk