Thus plc successfully implement Risk Governance
June 2003

London, United Kingdom (June 2003) THUS plc (www.thus.net), one of the UK's leading providers of voice, data, Internet and call centre services has implemented Risk Governance, an Enterprise Risk Management application, having signed a software license agreement with the author Risk Governance Ltd (RGL) in the first quarter of 2003.

The product, which closely mirrors the Risk Management Standard published by AIRMIC (the Association of Insurance and Risk Managers), is recommended by many industry practitioners as an innovative enterprise software solution. Risk Governance demonstrates a unique perspective on the challenges that the implementation of enterprise risk management presents.

David Sherrick, Director of Risk Management at THUS plc, commented "We developed a fully integrated risk management team,combining many traditionally discrete functions to deliver a holistic solution for the business. As a result we recognised that our existing systems and processes needed to provide greater flexibility and enhanced reporting capabilities with greater accuracy of information. It was essential that the system should be web-based for low cost of deployment and that data entry and retrieval was securely available to users, managers and the risk management group, from all locations. The simplicity and fexibility of the application, particularly for linking all risks to corporate objectives and goals at a business unit and group level differentiatied the product from any other
offerings ."

Unlike other products, Risk Governance enables organisations to gain the enthusiastic participation of business users through its simple but effective design. The resulting rapid and widespread adoption of the software by users helps to reinforce the process of risk management throughout the organisation - a critical step towards effective and efficient risk management and better corporate governance. The product aggregates the information for the risk professionals and can represent many risks on a single screen through innovative graphical techniques, allowing instant and intuitive reports to be produced to highlight high-risk areas or issues that need early attention.

Lindsay John Cox, Managing Director of RGL commented, "The adoption of Risk Governance by THUS plc endorses our approach to the challenges companies face in driving personal accountability and a risk-aware culture throughout the business. We have achieved this through unique graphical and collaborative techniques within the product, and THUS plc recognised that this could add value to the business. We are delighted that the implementation project was successful".

Risk management and corporate governance is an ever-present boardroom agenda item. Risk management expectations in world-class companies extend beyond those of simple compliance to sustainable and significant improvements in business performance.

About Risk Governance Limited

Risk Governance Ltd is a leading provider of Enterprise Risk Management software, allowing companies to have far more effective visibility of the risks to their businesses, providing tangible evidence of their desire to adopt strong corporate governance standards for their stakeholders.

About THUS

THUS plc provides communications solutions to business customers throughout the UK under the THUS and Demon brands. In an industry punctuated by inexperience THUS can draw upon a knowledge base established over more than a decade in the delivery of data, telecoms and Internet services.

THUS delivers both standard and bespoke solutions to address customers' existing business needs and works hand in hand with customers to develop new business opportunities. The Company's record in the creation of innovative new services is complimented by an award winning focus on quality and full certification for Voice, Data, Internet and Contact Centres under the ISO9001 Standard.

THUS is listed on the London Stock Exchange. For further information visit www.thus.net and www.demon.net