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Gavin Casey Announces First Appointment Since Leaving The London Stock Exchange - Joins Board Of Kinetic Information System Services Ltd.

Date 24/02/2001

Kinetic Information System Services Ltd ("Kinetic"), the fast growing financial markets software company, announced today that Gavin Casey has been appointed a non-executive Director of the company.

Gavin Casey was previously Chief Executive of the London Stock Exchange and before that Chief Operating Officer of Smith New Court.

Kinetic's specialist software is responsible for producing a significant proportion of the world's financial market indices for a high quality client list including FTSE, Standard & Poor's, Dow Jones, Reuters, ING Barings, NYSE, Toronto Stock Exchange and many others.

In November 2000 Kinetic announced the appointment of Sir Michael Richardson as Chairman and that it would be seeking a quotation on the London Stock Exchange in the future.

Gavin Casey, non-executive Director of Kinetic, commented: "Kinetic is an exciting company with an excellent management team. I very much look forward to working with David, Sir Michael and the rest of the Kinetic team and to helping them build further on their impressive progress to date."

David Goodman, Founder and Chief Executive of Kinetic, commented: "Gavin Casey brings with him enormous experience of the City and international financial markets. His management skills, knowledge and contacts will be a considerable asset to Kinetic as we continue to market our services on an increasingly global basis and develop new products."

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