Intercede News

BOARD CHANGES

Intercede Group plc (the "Company") is pleased to announce that it has appointed Jacques Tredoux as a non-executive director of the Company, with effect from 31 March 2006.

Jacques Tredoux, aged 42, is the Chief Executive of Tredoux Capital Limited, a company authorised by the Financial Services Authority to provide corporate finance advisory services.

Prior to establishing Tredoux Capital Limited, Jacques was the Chief Executive Officer of the Credo Group (UK) Limited, a group of companies in London that provides wealth management services. Members of the Credo Group have provided corporate finance and fundraising assistance to the Company since prior to its admission to AIM. Jacques remains a director of Credo Group Holdings Limited.

Jacques Tredoux qualified as a lawyer in 1988 in South Africa, and practised at Edward Nathan & Friedland Inc and Clifford Chance.

Following the appointment of Jacques Tredoux, the Company also announces that Greg Roediger has resigned as a non-executive director of the Company.

Richard Parris, Chairman & CEO of the Company, commented:

"We are extremely pleased that Jacques has agreed to join Intercede. He has a wealth of legal, commercial and financial services experience which will be of enormous value to us as we continue to expand and develop our network of business relationships across the world.

"The Board would also like to take the opportunity to thank Greg for his valuable contribution to the Company's development over the past six years."

APPENDIX

The directorships held by Mr Tredoux over the five years preceding the date of this announcement other than in the Company are as follows:

Current Directorships
Companies registered in England & Wales:

Tredoux Capital Limited
Berkeley Corporation Limited
Berkeley Management & Finance Limited
Credo.com Limited
Credo Advisory Services Limited
Credo Corporate Finance Limited
Credo Capital plc
Credo Financial Solutions (UK) Limited
Credo Group (UK) Limited
Credo Guarantees Limited
Credo Property Group Limited
Credo Property Investments Limited
Credo Property Management Limited
Hooper Investments Limited
Plastic Medical (Supplies) Limited

Companies registered overseas:

Credo Group Holdings Limited (Bermuda)
Credo Australia Pty Limited (Australia)
Credo Properties International Limited (Bermuda)
Credo Sterling Properties UK Limited (BVI)

San Mackenzie Enterprises Limited ("San Mackenzie") owns 1,463,216 shares which represents 4.3% of the Company's issued share capital. San Mackenzie is controlled by The Woodcock Trust, of which Jacques Tredoux is a potential beneficiary.

Jacques Tredoux has confirmed to the Company that there is no other information required to be disclosed pursuant to the AIM Rules.

About Intercede
Intercede Group plc is a leading developer and supplier of smart card and identity management software listed on the London Stock Exchange (IGP LN) (IGP.L). The Group's MyID software manages the secure registration, issuance and lifecycle of digital identities for a wide range of uses. This requires the integration of multiple technologies and products from many different vendors, including smart cards, biometrics, digital certificates and Open Platform applets.

Intercede's customers cover a range of industries and include Athena Smartcard Solutions, Department of Transport Ireland, Fujitsu, Getronics PinkRoccade, Gemplus, Lloyds TSB, National Health Service (NHS), Metropolitan Police, Oberthur Card Systems, RSA Security, Royal Bank of Scotland, SafeNet, Siemens, Thales, Ubizen, VeriSign and various US and UK Government agencies and departments.

For more information, visit www.intercede.com

Intercede and MyID are registered trademarks or trademarks in the UK and/or other countries.

Enquiries:
Tel. +44 (0) 1455 558111
Richard Parris - Chairman & Chief Executive
Andrew Walker - Finance Director

Pelham Public Relations
Tel. +44 (0)20 7743 6679
Archie Berens

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