Financial Objects appoints Simon Frumkin finance director

Source: Financial Objects plc

The board of Financial Objects plc is pleased to announce that Simon Frumkin is to be appointed as finance director. He joins the board on 4 January 2005.

Simon Frumkin comes to Financial Objects from Orange SA. He joined Orange in 1999 and held senior financial positions in the international organisation of the Group. Prior to joining Orange, Simon spent 7 years at KPMG, working in both London and Berlin.

Roger Foster, Chairman of Financial Objects plc commented, "We believe that in 2005 the company will move back into a growth phase, and as a result we believe the time is right to appoint a finance director who can assist the company through the next phase of its development. The board firmly believes that Simon’s experience will prove invaluable during this crucial period for the company."

There are no further details to be disclosed under paragraph 16.4 of the Listing Rules.

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