LONDON, July 22 /PRNewswire/ --

- Bank Upgrades to Latest Version of Midas Plus to Cater for Over Five 
Million Accounts

Misys (LSE:MSY), the global application software and services
company, today announced that Moscow-based ZAO Raiffeisenbank, a subsidiary
of International Bank-Holding AG, which is part of Austrian RZB Group, has
gone live with the latest core banking solution, Misys Midas Plus 1.4. As a
long-standing customer of Misys and a consistent innovator, Raiffeisenbank
was keen to gain the benefits from the latest available core banking
technology as soon as it was available.

Raiffeisenbank is the Russian subsidiary of Raiffeisen
International Bank-Holding AG, which is part of RZB Group, the central
institution of Austria's largest banking group. Raiffeisen has been operating
in Russia since 1996. With its constantly expanding network in Central and
Eastern Europe, Raiffeisen has developed into one of the region's leading
banking groups. It was awarded the title "Bank of the Year" in Central and
Eastern Europe (CEE) by The Banker magazine in autumn 2008, Global Finance
magazine in spring 2009 and Euromoney magazine at the beginning of this
month. The banking group has been a Misys customer for over a decade and
during that time has regularly worked with the dedicated team to make use of
the most modern technology.

Raiffeisenbank has expanded continuously since it first opened
its offices in Russia and Misys has always worked in partnership by
underpinning the growth with market-leading solutions keeping pace with the
increase in volumes and customer demands from the region's retail banking
sector. Raiffeisenbank is today the 9th largest bank in Russia in terms of
assets and runs more than 230 branches across the country. Because of the
scale of the operations in the region, Raiffeisenbank has witnessed
particularly high lending and funds transfer volumes and has seen a
significant increase in retail account activity.

Building on the recognised strengths of Midas, the latest
version - Midas Plus 1.4 - supports a wide range of business areas and uses
the latest tools and development environments to introduce significant new
capabilities, making it more robust and improving its ability to scale as the
bank grows its operations and increases volumes of transactions.

Mr. Schoefboeck, COO of Raiffeisenbank Russia comments: "The
bank had a strong business need to migrate to Midas Plus as quickly as
possible. We were looking for a new system platform to support our future
growth. The bank and Misys formed a strong experienced team to ensure the
rapid implementation of the latest version of Midas Plus. Thanks to the
strong team and partnership between Raiffeisenbank and Misys, the migration
went very smoothly and successfully."

"Russia and CEE has seen rapid development over the past
decade and Misys has been able to work alongside Raiffeisen to support the
bank's growth in that market," adds Richard Watrasiewicz, Director
Professional Services Europe, Misys. "Misys Midas Plus 1.4 is the latest core
banking solution which will enable Raiffeisen International Bank to manage
its growth smoothly, whilst continuing to innovate its services and maintain
the high levels of customer satisfaction it attains."

About Misys plc

Misys plc (LSE:MSY), provides integrated, comprehensive
solutions that deliver significant results to organisations in the financial
services and healthcare industries. We maximise value for our customers by
combining our deep knowledge of their business with our commitment to their
success.

In banking and treasury & capital markets, Misys is a market
leader, with over 1,200 customers, including all of the world's top 50 banks.
In healthcare, Misys plc owns a controlling stake in NASDAQ-listed
Allscripts-Misys Healthcare Solutions, Inc, a clear leader in the provision
of healthcare technology, serving more than 150,000 physicians, 700 hospitals
and nearly 7,000 post-acute and homecare organisations. Misys employs around
6,000 people who serve customers in more than 120 countries.

We aspire to be the world's best application software and
services company, delivering results for the most important industries in the
world.

Misys: experience, solutions, results

Contact us today, visit: http://www.misys.com

ZAO Raiffeisenbank is a subsidiary of Raiffeisen International
Bank-Holding AG. Raiffeisenbank is ranking 9th in terms of assets among the
Russian banks based on 1Q 2009 results (Interfax-CEA). According to
Interfax-CEA, ZAO Raiffeisenbank ranked 4th in Russia in terms of private
deposits and 6th in consumer lending in Russia based on 1Q 2009 results.

Raiffeisen International operates one of the largest banking
networks in CEE. 17 markets in Europe's growth region are covered by
subsidiary banks, leasing companies and a range of other financial service
providers. The group's more than 62,000 employees service over 14.9 million
customers via more than 3,200 business outlets. Raiffeisen International is a
fully consolidated subsidiary of Raiffeisen Zentralbank Osterreich AG (RZB),
which owns about 70 per cent of the common stock. The remainder is in free
float and the shares are listed on the Vienna Stock Exchange. RZB is a
leading corporate and investment bank in Austria and the central institution
of the Austrian Raiffeisen Banking Group, the country's largest banking
group.

For further information please contact:
    
    Edward Taylor
    Global Head of Public Relations
    Misys Solutions for Banking and Treasury & Capital Markets
    +44(0)20-3320-5530
    edward.taylor@misys.com
    
    Sebastian Mathews
    FD
    +44(0)20-7269-7158
    sebastian.mathews@fd.com