Tamesis appointS derivatives guru robert benson as board director

London, 11 December, 2001 - Tamesis, a leading supplier of new generation risk management and trading solutions to investment banks, today announced the appointment of Robert Benson as board director. His appointment further strengthens Tamesis' ability to deliver outstanding trading, risk and collateral management solutions to major financial institutions.

With 15 years' experience in the derivatives market, Benson brings a wealth of knowledge to Tamesis. In addition, he was voted 'derivatives superstar' two years running in Global Finance Magazine and has an entry in the Who's Who in Finance and Industry directories.

At Tamesis, Benson will work with the executive directors and senior management of the company to guide current operations with specific emphasis on the overall development strategy and positioning of Tamesis products.

Benson joins Tamesis from HSBC Bank with 13 years front line experience in
building and running international trading desks.

His roles at HSBC included:
*Setting up an equity derivatives trading operation;
*Head of Specialised Derivatives Group, managing a team of 25 people world-wide;
*Responsible for global FX options with teams in London, NY and Tokyo;
*Head of Retail Product Group - specialising in the development of structured products for the retail and private banking market.

In addition to the above roles, Benson has provided independent comment for
many financial publications including: Financial Times, Sunday Times, Risk
Magazine, Future and Options World and The Actuary. He has been a guest
speaker at derivative conferences throughout Europe, USA and Asia.

Benson is also an advisor to the Centre for Quantitative Finance, Imperial
College, University of London.

Benson says: "My experience with HSBC has given me insight into the role of
technology in large trading rooms. Tamesis Risk Informer has the potential
to change the way in which traders work. I am delighted to be working with a
company with a strong focus, team spirit and most importantly, unique
technology - something the market needs."

James Tomlin, CEO, Tamesis, says: "Robert is one of the most respected
people in the industry and has an outstanding track record. Our customers
face a number of key strategic challenges in the coming years. Robert's
expertise will ensure that Tamesis continues to deliver smart, innovative
solutions that enable our clients to meet these challenges. I look forward
to working with him at this exciting time."

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