StatPro Strikes Four-Year Contract With Bank of Montreal

LONDON, November 24 - StatPro Group plc, a leading provider of portfolio analytics (
www.statpro.com/solutions/portfolio_analytics.aspx), market data and
asset pricing (www.statpro.com/solutions/data_services.aspx) solutions
for the global asset management industry, today announces that Bank of
Montreal has signed a landmark deal with the company to use several of its
portfolio management solutions.

"Bank of Montreal has subscribed to a combination of our analytics
services on our new SaaS platform together with our Index Services
(www.statpro.com/solutions/data_services/financial_index_data.aspx)
and they join our growing band of SaaS customers in Northern America," said
Mark Bramley, CEO, North America at StatPro. "We expect many more to follow."

The solutions will be delivered as a suite of hosted services. They
include StatPro Performance and Attribution (which allows the user to drill
down into performance and attribution effects from portfolio through to
security level), StatPro Index Services (providing key financial indices to
investment managers through a standardised platform) and StatPro's
interactive reporting tool on the SaaS platform.

"We are constantly investing to improve and enhance our data and
analytics offerings. The fact that these are now available via our SaaS
platform makes it very attractive to a wider audience of global customers,
especially in the current market as it reduces the total cost of
implementation and ownership," concluded Bramley.

The four-year deal extends the original 2002 non-hosted contract. The new
system has already gone live with Bank of Montreal.

Chris McHaney, Manager of Investments at Bank of Montreal Asset
Management said: "The deal involved continuing the service we receive from
StatPro, while at the same time adding the ability to automate more of our
processes internally, and in turn getting the most out of the system."

Notes to Editors

Mark Bramley is available for interview upon request.

About StatPro

StatPro Group plc is a leading provider of portfolio analytics
(www.statpro.com/solutions/portfolio_analytics.aspx) and data
solutions for the global asset management industry. StatPro floated on the
London Stock Exchange in May 2000 and transferred it's listing in June 2003
to AIM. Through a combination of organic growth and by acquisitions, StatPro
has grown its revenue from less than £1 million in 1999 to £28.4 million
today StatPro currently enjoys a 94% renewal rate.

For more information on StatPro, please visit our website at
www.statpro.com

    For further information please contact:

    Jeanine Leuckel, StatPro
    Tel: +44-(0)20-8410-8655
    Email: jeanine.leuckel@statpro.com

    Fabienne Pasquion, Ascension Consulting
    Tel: +44-(0)20-7100-6111 / +44-(0)7984-119846
    Email: fabienne@ascensionconsulting.co.uk

For further information please contact: Jeanine Leuckel, StatPro, Tel: +44-(0)20-8410-8655, Email: jeanine.leuckel at statpro.com; Fabienne Pasquion, Ascension Consulting, Tel: +44-(0)20-7100-6111 / +44-(0)7984-119846, Email: fabienne at ascensionconsulting.co.uk