WHITESPACE SOFTWARE LIMITED

PRESS RELEASE – 18^th November 2002

WATSON WYATT LAUNCH NEW BENEFITS TRACKING SYSTEM

Watson Wyatt, a global consulting firm focused on human capital and financial management, have launched their Benefits Tracking system developed by London based technology company Whitespace Software.

BenTrack ^TM is a powerful web-based tool that helps organisations manage benefits and compensation programs across multiple territories - at any time, from any location. BenTrack ^TM outclasses its competitors by being a pure internet tool, letting data be entered and viewed by offices anywhere in the world.

Whitespace is delighted with the BenTrack ^TM system. "Watson Wyatt's design and specification clearly fulfilled a need for the largest companies, and our development has shown that the J2EE tools are mature and fit-for-purpose" - Jonathan Clarke, Whitespace CEO

ENDS

Notes to Editors:

Whitespace Software Limited is based in Covent Garden and specialises in the development and support of alternative database solutions. The company produces computer software applications which use internet, database, Windows™ and traditional console technologies.

A photograph of Jonathan Clarke is available from our website: http://www.whitespace.co.uk .

For further information, please contact Emma Jones on 020 72400208.