MB Risk Management (MBRM™) are pleased to announce a double software launch in the Credit Risk and Market Risk areas : For credit risk, the new Universal Credit Risk Add-in calculates a portfolio's exposure to counterparty risk. A major feature is the use of an analytical methodology which provides a considerable speed advantage over traditional Monte Carlo approaches and which supports default correlations. Instantaneous calculation of credit risk enables real-time monitoring by traders and risk managers. For market risk, the updated release of Universal VaR Add-in now also supports historical Garch simulation without variance/correlation matrices. This considerably improves robustness and accuracy. The calculation and comparison of Analytical, Monte Carlo, stress and historical Garch VaR enhances risk management. The Universal VaR Add-in calculates a portfolio's exposure to market risk and expresses the exposure in terms of Value-at-Risk (VaR). It also calculates "Incremental VaR" (the incremental effect of a single trade on the whole portfolio's VaR). Cash flows are automatically mapped to multiple vertices. The add-in also calculates the historical variances and correlations between assets. Both add-ins can be called from Access, Visual Basic, C, C++, Delphi, Fortran, Excel. They can therefore be easily integrated into a bank's existing system. The cost of each add-in is $3,199 which makes the software cost-effective even for the smallest trading desk. MBRM™ are developers of the world-famous UNIVERSAL Add-ins. With 30,000+ users world-wide, the UNIVERSAL™ Add-ins are the most widely-used derivative software for the pricing, risk management, trading, arbitrage, fund management and auditing of securities, options, futures and swaps in the convertible, fixed income, commodities, energy, equities, foreign exchange and money markets. Links with most real-time feeds creates a powerful and dynamic analytical environment. MBRM's software is used world-wide in mission critical applications by most major Investment Houses, Money Managers and Corporate Treasuries. The UNIVERSAL™ Add-ins are implemented as function calls in a Dynamic Link Library (DLL), thus assisting in the ease of use and integration into the user's analytical environment. They can therefore be called from Excel, Access, Visual Basic, C, C++, Delphi, Fortran etc. This object-orientated building-block approach provides unequalled speed, cost-effectiveness and flexibility. MBRM's technical support is excellent since the software has been designed and implemented in-house. For Further Information, Please Contact : Dr. Mamdouh Barakat Managing Director MBRM - MB Risk Management an FSS - Financial Systems Software company E-mail : sales@mbrm.com Tel : +44 20-7628 2007 Fax : +44 20-7628 2008

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