-- Bank uses kACE on its Euro Money Market Desk --

London and Dublin, 14th March 2005. Kalahari, a global provider of real-time price discovery and analytic solutions to banks, brokers and other financial institutions, today announced that Bank of Ireland has increased its usage of Kalahari’s real-time pricing and analytics solution, kACE on its Euro Money Market desk.

Headquartered in Dublin, Ireland, Bank of Ireland is one of Ireland’s largest and most dynamic financial institutions, delivering innovative products and services across the personal, commercial, industrial and agricultural sectors.

kACE is being used by Bank of Ireland Global Markets – Bank of Ireland’s treasury division based in Dublin.

Commenting, Mark Holden, Sales Director at Kalahari said:

"Bank of Ireland Global Markets joins numerous financial institutions from around the world that have successfully implemented our real-time pricing and analytics solution, kACE. The bank chose to increase its usage of kACE because
of its extensive functionality and user-friendly interfaces which are helping to increase the bank’s efficiency in pricing key markets."

"As the No 1 provider of treasury services in Ireland, Bank of Ireland Global Markets has extended its usage of kACE because it has proven to be a valuable analytical tool that helps our traders develop and exploit innovative trading positions". Commented Sean Crowe Head of Trading, Bank of Ireland Global Markets on the deal.

kACE is the most widely-used price discovery, analytics and data publishing software solution in today’s market. With flexibility and control as the driving design principles, kACE gives traders the tools and the freedom to innovate and concentrate on what they do best – calculate and effect the trading opportunity.

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