Condition satisfied - re. Proposed Sale

Bond International Software plc

("Bond" or "the Company")

Proposed sale of Bond HR and Payroll Software Limited,

Bond Payroll Services Ltd and Eurowage Ltd

Further to the announcement made earlier today (RNS number: 9338E), the Board of Directors of the Company announces that it has received confirmation from FMP Global Bidco Limited (the "Purchaser"), the proposed purchaser of Bond HR and Payroll Software Limited, Bond Payroll Services Limited and Eurowage Limited, that it has entered into definitive debt finance documents with HSBC plc. The facilities pursuant to those debt finance documents have become and remain unconditionally available to the Purchaser subject only to the satisfaction of certain conditions precedent to the utilisation of the debt financing, which will be capable of satisfaction by the Purchaser on or prior to completion of the sale and purchase agreement. As a result the condition in the sale and purchase agreement relating to the completion of the Purchaser's finance documentation has now been satisfied.

In addition, the condition relating to the finalisation of documentation with Barclays Bank Plc has also been satisfied today. Therefore, the only remaining condition to the sale and purchase agreement, which was announced earlier today, is shareholders' approval of the proposed sale. The Company will post a circular to shareholders convening a General Meeting to approve the sale as soon as practicable and, in any event, no later than 28th July 2016.

MAR

The information contained within the announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). Upon the publication of this announcement via Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.

A copy of this announcement can be viewed at www.bondinternationalsoftware.com.

For further information, please contact:

Bond International Software plc: Tel: 01903 707070

www.bondinternationalsoftware.com

Steve Russell: Group Chief Executive

Bruce Morrison: Group Finance Director

Buchanan: Tel: 020 7466 5000

Richard Darby

Steph Watson

Houlihan Lokey Capital, Inc. (Financial adviser)

Thomas Bailey Tel: 001 404 495 7056

Cenkos Securities plc (Nomad) Tel: 020 7397 8900

Stephen Keys

Camilla Hume