RNS Number:4712L
AIM
22 May 2003


              ANNOUNCEMENT TO BE MADE BY AIM APPLICANT AT LEAST 10 BUSINESS DAYS PRIOR TO ADMISSION

ALL APPLICANTS MUST COMPLETE THE FOLLOWING:

COMPANY NAME:
SIRIUS FINANCIAL SOLUTIONS PLC
COMPANY ADDRESS:
SIRIUS HOUSE, REDDICROFT, SUTTON COLDFIELD, WEST MIDLANDS
COMPANY POSTCODE:
B73 6BN
COUNTRY OF INCORPORATION:
ENGLAND
COMPANY BUSINESS:
THE COMPANY PROVIDES BOTH PACKAGED SOFTWARE AND BESPOKE SOFTWARE SOLUTIONS DEVELOPMENT FOR NATIONAL AND
INTERNATIONAL INSURANCE COMPANIES, INTERMEDIARIES, INDEPENDENT FINANCIAL ADVISERS AND PENSION TRUSTEES
DETAILS OF SECURITIES TO BE ADMITTED (i.e. where known, number of shares, nominal value and issue price):
17,002,789 Ordinary shares of 1p each in the company


CAPITAL TO BE RAISED ON ADMISSION:
N/A

FULL NAMES AND FUNCTIONS OF DIRECTORS:
STEPHEN VERRALL                                     CHAIRMAN AND CHIEF EXECUTIVE

RICHARD BOWSER                                      FINANCE DIRECTOR

MICHAEL DODD                                        EXECUTIVE DIRECTOR

MICHAEL ANSTEE                                      NON-EXECUTIVE DIRECTOR

DAVID COX                                           NON-EXECUTIVE DIRECTOR


PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL
STATING WHETHER BEFORE OR AFTER ADMISSION:
AS AT 21 May 2003



STEPHEN VERRALL                                                                        32.6%

RICHARD BOWSER                                                                          8.5%

INSIGHT INVESTMENTS                                                                     9.7%

RICHARD GLAVES                                                                          4.6%

F&C SMALLER COMPANIES PLC                                                               3.7%


NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (G) OF THE AIM RULES.
N/A



ANTICIPATED ACCOUNTING REFERENCE DATE:
31 December
EXPECTED ADMISSION DATE:
10 June 2003
NAME AND ADDRESS OF NOMINATED ADVISER:
Collins Stewart Limited, 88 Wood Street, London EC2V 7QR
NAME AND ADDRESS OF BROKER:
Collins Stewart Limited, 88 Wood Street, London EC2V 7QR
DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENT
THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES.
N/A
DATE OF NOTIFICATION:
22 May 2003
NEW/ UPDATE (see note):
NEW
LISTED APPLICANTS MUST ALSO COMPLETE THE FOLLOWING:

DETAILS OF THE APPLICANT'S STRATEGY FOLLOWING ADMISSION INCLUDING, IN THE CASE OF AN INVESTING COMPANY, DETAILS
OF ITS INVESTMENT STRATEGY
The group's strategy is to maintain its aim to become a global leader in the provision of insurance software. The
Group intends to raise it profile with the larger players in the insurance underwriting market and consolidate
its position in the UK through increased marketing. The commitment to research and development activity will
continue, much of it sponsored by specific customer projects.
A DESCRIPTION OF ANY SIGNIFICANT CHANGE IN FINANCIAL OR TRADING POSITION OF THE APPLICANT, WHICH HAS OCCURRED
SINCE THE END OF THE LAST FINANCIAL PERIOD FOR WHICH AUDITED STATEMENTS HAVE BEEN PUBLISHED OR AN APPROPRIATE
NEGATIVE STATEMENT
There has been no significant change in the financial or trading position of the company that has occurred since
31 December 2002
A STATEMENT THAT THE DIRECTORS OF THE APPLICANT HAVE NO REASON TO BELIEVE THAT ITS WORKING CAPITAL WILL BE
INSUFFICIENT FOR AT LEAST TWELVE MONTHS FROM THE DATE OF ITS ADMISSION
The directors of the company believe that its working capital will be sufficient for at least twelve months from
the date of its admission
DETAILS OF ANY LOCK-IN ARRANGEMENTS PURSUANT TO RULE 7 OF THE AIM RULES.
N/A






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