New Contract

9 May 2013

Brady plc ("Brady" or the "Company")

New Contract

Brady (BRY.L), the leading supplier of trading and risk management solutions for metals, recycling, energy and soft commodities, announced today that Royce Corporation, a US-based international trading company, has selected Brady to handle its trading, risk management and logistics processes.

Royce Corporation, founded in 1986, is a US-based international trading company headquartered in Miami, Florida, specializing in trading ferrous, non-ferrous metals and plastics. Royce, an active member of both ISRI and BIR recycling associations, maintains a global presence having extended operations to various South American countries and with agencies across Asia and Europe. Royce will implement Brady's physical trading solution automating trading, hedging and physical metal purchase and sale contract management, logistics and traffic operations, and automate back office functions including invoicing, treasury, document management, and financial settlement.

Gavin Lavelle, CEO of Brady plc, commented: "Brady is committed to providing companies trading the full portfolio of metals, from primary metals and steel to scrap, with a solution that also manages the basis risk between locations, qualities and the marketplace, and simultaneously providing those companies exposed to market price volatility with the most advanced, real-time solution to buy, sell and transport commodities." Continuing, he said: "We are excited about the opportunity to assist Royce in its management of the value chain and protect the margins of its trading operations

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About Brady

Brady plc (BRY.L) is the largest European-headquartered provider of trading and risk management software to the global commodity and energy markets. Brady combines fully integrated and complete solutions supporting the entire commodity trading operation, from capture of financial and physical trading, through risk management, handling of physical operations, back office financials and treasury settlement, for energy, refined, unrefined and scrap metals, soft commodities and agriculturals.

Brady has 25 years' expertise in the commodity markets with some 300 customers worldwide, who depend on Brady's software solutions to deliver vital business transactions across their global operations. Brady clients include many of the world's largest financial institutions, trading companies, miners, refiners and producers, recycling companies, scrap processors, tier one banks and a large number of London Metal Exchange (LME) Category 1 and 2 clearing members and many leading European energy generators, traders and consumers.

For further information visit: www.bradyplc.com

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