Network Data Holdings - Investor Relations

Investor Relations - Rule 26 Information

The following information is disclosed further to Rule 26 of the AIM Rules:

Description of the business

Network Data Holdings is the holding company for a group of companies providing intermediary services to the mortgage and property industries. The 100 percent owned trading companies within the Group are Network Data Limited (NDL), Network Surveyors Limited (NSL) and Hipstar Limited (HIPSTAR).

NDL is an FSA regulated network through which mortgage and insurance brokers can place mortgage applications and insurance proposals with mortgage lenders and insurers on behalf of their clients.

NSL acts as an intermediary in the provision of property valuation services in the residential property market placing work with surveyors following an approach from mortgage lenders.

HIPSTAR is a provider of Home Information Packs.

Directors

Grenville Folwell, Non-executive Chairman, age 64

Grenville was Deputy Chief Executive of Halifax plc from 1996 to 1999, having joined the board as Group Finance Director in 1989. During his time on the board of Halifax plc he was involved in the merger and subsequent integration of the Halifax and Leeds Permanent Building Societies. He was also involved in the £18 billion flotation of Halifax plc, and negotiated on a number of acquisitions, including the successful £750 million hostile takeover of Birmingham Midshires Building Society. Grenville's current non-executive directorships include Partnerships UK plc, Compass Finance Group plc, Software Solutions Partners Limited and institute of Public Finance Limited. In 1995 Grenville was president of the Chartered Institute of Public Finance and Accountancy. He was previously a director of Debt Free Direct plc.

Richard Griffiths, Chief Executive Officer, age 61

Richard has a background in computer software, from which he initiated a joint venture with Estates Gazette and the Royal Institution of Chartered Surveyors developing commercial property advertising. This led him into the residential mortgage market where he focused on technology based initiatives and solutions. Richard is the founder and Chief Executive of Network Data Holdings and is an experienced and high profile individual within the mortgage industry, having been a frequent contributor to industry journals.

Ivan Elliott, Non-executive Director, age 73

Ivan was a founding director of Charterhouse Communications plc, where he acted as managing director for fifteen years and is currently Deputy Chairman. He has previously been a director of a number of companies within the Emap group.

Board Committees

The Board has established the following committees:

Remuneration Committee

The Committee currently comprises Grenville Folwell and Ivan Elliott and is chaired by Ivan Elliott. The Remuneration Committee is responsible for reviewing the performance of the Executive Directors and the senior management, setting their remuneration, determining the payment of bonuses, considering the grant of options under any share option scheme and the application of performance standards which may apply to any such grant.

Audit Committee

The Committee currently comprises Grenville Folwell and Ivan Elliott and is chaired by Grenville Folwell. The Audit Committee meets at least twice a year and is responsible for ensuring that appropriate financial reporting procedures are properly maintained and reported on and for meeting the Group's auditors and reviewing their reports on the accounts and internal controls.