RNS Number:2526R
Raft International PLC
24 October 2003



                Raft International PLC ('Raft' or 'the Company')

 Raft supplies credit and operational risk software solutions to the financial
                         services and energy industries

                    Update on offer discussions and trading

Further to the Company's statement on July 31st, Raft International PLC
announces that whilst indicative offers for the entire issued share capital of
the Company were received, they were not at a level which the Board considers
fully reflects the prospects of the Company. Accordingly, all such discussions
with interested third parties are no longer ongoing.

Raft's trading is in line with expectations and full year results for the year
ended 31st October will be announced on December 17th 2003.

Enquiries:-

Sandra Kelly, Raft International PLC               020 7847 0400

Shane Dolan, Biddicks                              020 7448 1000




                      This information is provided by RNS
            The company news service from the London Stock Exchange

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