RNS Number:9834L
Raft International PLC
05 June 2003


                 Raft International plc ("Raft International")

          Reliant Resources Inc. licences raft credit for Credit Risk

Management

Reliant Resources Inc., which provides electricity and energy services to retail
and wholesale customers in the U.S. and Europe, has chosen raft credit, Raft
International's leading edge credit risk management application, to provide an
enhanced enterprise-wide credit risk system. The system, being implemented at
Reliant's Headquarters in Houston, Texas, by the end of the fourth quarter of
this year, includes exposure management, collateral management and web reporting
capabilities.

Pete Pavluk, Commercial Development Director at Raft International said "raft
credit is fully flexible so it can be quickly tailored to operate with Reliant's
various systems while also providing a high level of credit risk analysis."

                                     -ENDS-

Notes to the Editors:

raft credit is an enterprise-wide credit risk management solution that is the
choice for leading energy companies. raft credit helps provide essential
confidence to external stakeholders such as investors, rating agencies,
investment analysts and regulatory bodies by demonstrating an ability to better
analyse, measure, monitor, mitigate and report credit risk and capital
requirements.

Raft International is a publicly quoted London based software company with
operations in Houston, Copenhagen, Stockholm and Mumbai. The company presently
has over 100 employees worldwide.

Contact:

Jane Stoll, Central Marketing Manager, Raft International plc
Jstoll@raftinternational.com

Pete Pavluk, Commercial Development Director, Raft International plc
ppaviuk@raftinternational.com




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