Civica plc

Civica plc (‘Civica’ or the ‘Company’), a well established and profitable software and IT services business specialising in the public sector market , is pleased to announce its flotation on the AIM market of the London Stock Exchange today.

At the issue price of 175 pence per share, the Company has raised new money of £15.0 million (before expenses) and an additional £30.0 million of shares were placed on behalf of existing shareholders. On Admission, the market capitalisation at the issue price will be approximately £79.2 million.

Seymour Pierce Limited is the Nominated Adviser and Broker to the Company.

Placing and Employee Share Offer Statistics

Simon Downing, Chief Executive of Civica commented, “I am delighted with the response from investors. The flotation of Civica will help raise our profile and position in the public sector marketplace, as well as strengthening our balance sheet and assisting in acquisitions."

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This announcement, which has been issued by Civica plc (‘Civica’), has been approved by Seymour Pierce Limited (‘Seymour Pierce’) solely for the purposes of section 21 of the Financial Services and Markets Act 2000 of the United Kingdom. Seymour Pierce, which is regulated in the UK by Financial Services Authority, is acting as nominated adviser and broker to Civica and no one else and will not be responsible to anyone other than Civica for providing the protection afforded to customers of Seymour Pierce or for providing advice in relation to the flotation or any acquisition of securities.

No offer or invitation to acquire shares in Civica is being made by or in connection with this document. Any such offer or invitation will be made solely by means of the admission document published on 25 February 2004 in connection with the proposed flotation of Civica and any acquisition of shares should be made solely on the basis of the information contained in that document. The value of and the income from shares can go down as well as up. Persons needing advice should consult a professional adviser.

This announcement is not an offer of securities for sale or a solicitation of any offer to purchase securities in the United States, Canada, Japan or Australia. This document is not for distribution outside the United Kingdom, the Channel Islands and the Isle of Man nor to any US person as defined in Regulation S under the US Securities Act of 1933. The distribution of this document in other jurisdictions may be restricted by law and therefore persons into whose possession this document comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities law of any such jurisdictions.