Orc Software Appoints Anders Berg CFO

STOCKHOLM, Sweden: Tuesday January 9, 2007 – Orc Software (SSE: ORC), the leading global provider of technology for advanced trading, market making and brokerage, today announced the appointment of Anders Berg as Chief Financial Officer. Anders Berg joins Orc from the largest listed industrial holding company in the Nordic region, Investor AB, where he held the position of Vice President, Head of Finance for the past 5 years.

Thomas Bill, Orc Software’s CEO, welcomes Anders Berg to Orc’s management team. “I am very pleased Anders has accepted the CFO position and joined the Orc team to play an important role in our business. His broad experience and valuable expertise in managing complex financial functions will be a great asset to both Orc and its investors.”

“I am delighted to be working with Orc Software to contribute to its further development, drawing on my management experience gained from many years working across a broad spectrum of financial and business development areas,” said Anders Berg. “I look forward to working with the leading provider of advanced technology for the world’s financial markets and its highly professional team.”

Prior to joining Investor AB, Anders Berg held a number of key finance and management positions with firms including Investor Growth Capital Holding, Jahaya and Eldaco.

Anders Berg commences his new appointment with Orc Software March 12.

About Us

Orc is the global market leader in trading technology for listed derivatives. Building on our commitment to long term partnerships and technology innovation that delivers results, Orc serves the trading and electronic execution needs of clients worldwide. Leading trading firms, market makers, banks and brokers depend on Orc to provide robust solutions that deliver concrete value, ensuring that they achieve their business goals in the world's increasingly dynamic and competitive markets. With nearly 200 customer sites in more than 30 countries, access to over 150 trading venues and offices in each of the world's key financial centers, we offer true global capabilities. Combining our technology and financial industry expertise, including a solid understanding of regulatory issues, Orc also provides expert advice and services that help reduce complexity and cost, while enabling clients to stay focused on value creation in their core businesses. Orc is owned by Orc Group Holding AB which in turn is owned mainly by Nordic Capital Fund VII. www.orc-group.com

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