1. London Merchant Securities plc - January 2005

2. 1,500 subscriber desks from 183 client organisations in 2 years Steady rise in usage Information flow up 400% in the year Increasing acceptance of electronic delivery of information set to continue to accelerate rapidly Propex current position 2004/5

3. Increasing adoption

4. PROPEX BRINGS EFFICIENCY. IT SAVES TIME AND MONEY DEAL REGISTRATION AND RESPONSE REPORTING INTERNAL ADMIN IT - INFORMATION PROPEX – BECOMING AN INTEGRAL PART OF THE UK MARKET. ADOPTED BY ALL THE PROFESSIONAL MARKET WITHOUT PROPEX LMS WILL MISS MARKET DEALS, WHICH WILL COST MONEY PROPEX A BUSINESS SYSTEM LINKING TO ALL ELECTRONIC INFORMATION SOURCES FUTURE DEVELOPMENTS Why adopt Propex?

5. Propex ensures that your requirements reach all agents = more deals!