Lloyds TSB Chooses Odyssey as a Private Banking Front Office Platform

Odyssey Financial Technologies is delighted to announce that
Lloyds TSB has chosen Odyssey's solutions for the Investment
Management front office of its Private Banking arm. Lloyds TSB has
purchased Portfolio Rebalancing and Order Management components from
Odyssey. The new components will form the basis for the Bank's
web-based Investment Management platform. These components will not
only deliver greater efficiency but will also allow the bank to use
further functionality from Odyssey in the future.

"We see Odyssey as a strategic partner in the development roadmap
for the new Investment Management front office of our private banking
environment. We will benefit from Odyssey's technology which has been
proven as successful in many other clients, and from the existing
configurable browser front-end, allowing us to save on time to market,
facilitate our portfolio and strategy management and help in
fulfilling MiFID requirements", says John Tyley, Operations Director,
UK Wealth Management, Lloyds TSB.

"We are delighted to welcome a major UK Wealth Management player
into the Odyssey user community. We look forward to working with the
bank to implement this solution to achieve the benefits required. We
look forward to a fruitful long term partnership with the Bank as they
consolidate their position as a major player in the wealth management
market in the UK "said Charlie Barrass, Chief Operating Officer of
Odyssey Financial Technologies.

The new component facilitates automated rebalancing of portfolios
against complex and flexible strategies. In addition to the order
generation capabilities, comprehensive monitoring facilities ensure
that users can track each order throughout its life cycle. The current
portfolio rebalancing process will become more streamlined with
reduced costs through automated STP thus allowing the Bank to reduce
the potential for errors, while continuing to satisfy compliance
requirements.

Implementation of the solution has started and the main Portfolio
Rebalancing functionality is planned to be available during 2007.

About Lloyds TSB Bank plc.

Lloyds TSB is one of the UK's largest financial services companies
and is made up of three divisions: UK Retail Banking, Insurance &
Investments (including the Scottish Widows brand) and Wholesale &
International Banking. As at 31 December 2005, the Group had total
assets of GBP 103.9bn and generated total income of GBP 5,118m.

Lloyds TSB's UK Retail Banking division provides banking,
financial services, mortgages and private banking to some 15 million
personal customers through its multi-channel distribution capability.
It has some 3.7m internet banking customers, conducting c. 45m
transactions per month online; 4.2m telephone banking customers and
handled 69m calls last year.

In 2006, Lloyds TSB won its sixth Reader's Digest "Most Trusted
Brand" award.

About Lloyds TSB Private Banking Ltd.

Lloyds TSB Private Banking manages or administers funds of more
than GBP 12bn for over 45,000 clients from a network of 28 offices
throughout the UK. Lloyds TSB Private Banking services have been
designed especially for clients with GBP 250k or more of investable
assets or an annual income of GBP 250k or more.

Lloyds TSB Private Banking Limited is authorised and regulated by
the Financial Services Authority and is a signatory to the Banking
Codes.

Registered in England and Wales no.2019697. Registered office: 25
Gresham Street, London EC2V 7HN.

About Odyssey Financial Technologies

Odyssey is an industry leader in the global provision of private
banking and wealth management solutions and services. Odyssey leads
the field in wealth management automation in Europe: of the top 25
European banks, 15 are Odyssey customers. More than 180 financial
institutions in 29 countries have chosen Odyssey solutions. Odyssey
focuses on providing a range of market-leading solutions to the
financial community covering discretionary and advisory portfolio
management, asset and wealth management, enterprise data and customer
relationship management. Odyssey was founded in Luxembourg in 1995,
and has grown steadily since. Today, Odyssey has offices in the key
financial centres, including London, New York, Singapore, Zurich,
Frankfurt, Brussels, Geneva and Luxembourg. Odyssey's operational head
office and main development centre is located in Lausanne,
Switzerland. Throughout this network Odyssey employs over 350
professionals. For further information, please visit:
http://www.odyssey-group.com.