KALAHARI APPOINTS FINANCIAL DIRECTOR AND ANNOUNCES CHANGES TO BOARD

Global – 6 February 2007

Kalahari, a global provider of real-time price discovery and analytic solutions, is delighted to announce the appointment of Steven Palmer as Financial Director, with immediate effect. He also becomes a member of the Kalahari Board.

With more than 20 years experience working with publicly listed companies, Steven brings excellent credentials to the Company.

At the same time, the Company is pleased to announce that Graham Mansfield, previously Deputy Managing Director, takes over the role of Managing Director from Peter Trenier who assumes the position of Company Chairman.

These Board changes support the Company’s continuous expansion and growth, including its recent incorporation of Kalahari in the USA and the launch of an important new product later this year.

"Steven will make an excellent contribution to Kalahari," said Graham Mansfield, Managing Director. "With Steven's appointment we now have the right management team in place to further accelerate the Company's growth. He is a distinguished financial leader and we welcome the contributions he will make to our Board."

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