Board and Senior Management Appointments

Lombard Risk Management plc

("Lombard Risk" or the "Company")

Board and Senior Management Appointments - Lombard Risk expands senior management team

LONDON, UK - 17th February 2011: Lombard Risk Management plc (LSE:LRM), a leading global provider of collateral management, liquidity and regulatory reporting and compliance solutions for the financial services industry is pleased to announce that Paul Tuson has been appointed as its Chief Financial Officer.

Paul Tuson has been Interim CFO of Lombard Risk since September 2010. Mr Tuson is a qualified chartered accountant with twenty years' post-qualification experience, including four years at KPMG. He has previous CFO experience with three AIM-listed companies, including overseeing two IPOs and recently acted as Finance Director for Aspire Technology Ltd that was sold to Synnex Corporation. The Board believes that Paul's experience and qualifications will be a steady hand at the helm, whilst enhancing the Company's drive for growth.

Paul commented: "I am delighted to have been appointed as full time CFO of Lombard Risk at what I believe to be a key phase in the Company's development, and I look to the future with much optimism."

In addition, Lombard Risk is pleased to announce that it has recruited two new non-Board members of its senior management team:

Philip Stanning has joined as Group Sales Director. Philip has held senior positions in banking and other software companies, including Temenos from 1998 to 2005. At Temenos Philip was responsible for building the sales and pre-sales organisation, initially across Northern Europe and the Middle East and then globally across Asia and America, during which time revenues grew to in excess of US$160m in 2005.  

Rebecca Bond returns to Lombard Risk as Group Marketing Director from FRSGlobal where she was VP Marketing in a period of growth that culminated in the firm's trade sale to Wolters Kluwer Financial Services in late 2010. Her experience in the financial services software marketplace includes periods in senior positions at Iris Financial, Asset Control, QUMAS and most recently FRSGlobal. Her knowledge, particularly in the areas of risk and regulatory compliance, well equips her to manage corporate communications for the Lombard Risk group.

These appointments follow the strengthening of the Lombard Risk team in 2010 through the appointment of Philip Crawford as Chairman and Sherry Isenberg as Managing Director, Americas and other senior appointments.

John Wisbey, CEO, welcomed this new team on board, saying: "Successful companies in our space need outstanding people, products and services. We have great products and services, and with these three high quality appointments we have further strengthened what was already an excellent team.

"The Company has ambitious growth plans for the next few years and an encouraging sales pipeline. We believe that market and regulatory developments around the clearing of OTC derivatives, as well as consequent changes in the structure of the derivatives markets, are causing banks and market participants to look to upgrade their legacy collateral systems at this time. Furthermore, we expect additional mandatory expenditure on Basel III and Solvency 2 in the next two years. We believe Lombard Risk is ideally positioned to benefit from these market developments and our new appointments will be invaluable in helping us capitalise on these opportunities."

Contacts:

The following statutory disclosures are required in terms of Paul Tuson's appointment to the board:

Paul Adam Edward Tuson (44 years old)

Paul Tuson was a director of Youmeo.com Limited which was placed into voluntary liquidation on 22 June 2009.

Paul Tuson holds 1,500,000 ordinary shares of 0.5p each of the Company and has options over 2,400,000 ordinary shares of 0.5p each of the Company which expire on 14 January 2016 and have an exercise price of 5.5p per share.

There is no further information on Paul Tuson required to be disclosed under Schedule Two, paragraph (g) (i)-(viii) of the AIM Rules for Companies.

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About Lombard Risk - www.lombardrisk.com

Lombard Risk enables firms in the financial industry to significantly improve their approach to managing the risk in their businesses.

Our award-winning solutions enable the financial industry to improve the management and reporting of counterparty, collateral, trading and liquidity risk; financial crime detection; and global regulatory compliance reporting, including Basel III.

Founded in 1989 and headquartered in London, Lombard Risk has offices in New York, Shanghai, Hong Kong and Singapore. Our clients include banking businesses - over 20 of the world's "Top 50" financial institutions, almost half of the banks operating in the UK, as well as investment firms, asset managers, hedge funds, fund administrators and large corporations worldwide.

The Lombard Risk solution suite is developed and supported by an extensive team of risk and financial experts and includes:

COLLINE® - a powerful end-to-end collateral management system designed by collateral management experts. Colline provides the ideal solution for mitigating credit risk while satisfying the growing demand for multiple entity, cross-product, global collateral management. Sophisticated, web-enabled design enables Colline to integrate with your existing technology permitting secure access anywhere in the world.

LISA® - scenario analysis and stress testing. Built using state-of-the-art technology with a powerful web-based graphical user interface, LISA® is a solution that can satisfy new liquidity risk management requirements and support growing regulator demands for timely and reliable information.

STB-Reporter - regulatory reporting. The ideal solution for all automated regulatory reporting requirements. With full support for key supervisory computations including capital adequacy (Basel II and III), large exposures, and combined with LISA, provides a comprehensive solution for global regulatory reporting with the stress and scenario testing.

The Lombard Risk software solution suite also includes OBERON® trade capture and valuation, Firmament® credit and equity valuation and STB-Detector® AML and customer due diligence.