APPOINTMENT OF CEO – Software and Online Trading

MDS Financial Group Limited (listed on the Australian Stock Exchange as ASX: MWS) announces today the appointment of Mr Damian Isbister as Chief Executive Officer (CEO) – Software and Online Trading of the Company.

The Merkin Group are a substantial shareholder in MDS Financial and share a common Chairman in Sean Rothsey.

Sean Rothsey confirms that he remains on the Board as MDS as Chairman, now balancing the Board by acting in a non executive capacity and concentrating on strategic growth and Board issues rather than management issues as has been the case, concluding that this will not only benefit MDS, but also allows him to spend more time on his personal core investment, media and entertainment interests.

Damian Isbister has been involved within the financial markets since 1998 and has held varying roles within the financial services sector. In addition to the financial markets Damian has an excellent knowledge of the IT industry in particular web based services and has a special interest in online media and marketing, which has bought a strong supply and distribution dynamic to the team for some time now.

Based in Melbourne since 1st July 2008, Damian has worked successfully as the Group’s Chief Operating Officer through a difficult period for the Group (due both to internal rationalization and the external influences of the Global Financial Crisis) proving that he had the understanding of what it is that the business needs in order to lead the company in the future.

In announcing the appointment today Sean Rothsey, the Group’s Noosa based Chairman said, “I am delighted to announce the appointment of Damian to the newly created role of Chief Executive Officer (CEO) – Software and Online Trading of the Company effectively replacing me as the senior executive in the Company, Damian has a long history with the Group and has proven himself to become an outstanding leader with extensive financial services experience and as someone who has contributed to Board (appointed November 2008) and management policy and has overseen the businesses operations with great enthusiasm and result. Damian is uniquely qualified to lead MDS Financial Group having passion, commitment and youthful exuberance supported by a capable, loyal and diverse team and supplemented by a cohesive, fluid and experienced Board.”

Mr Isbister continued by saying, “I am extremely pleased to take on this new role as CEO – Software and Online Trading of MDS Financial Group. I am very confident about the underlying strength of the Group’s businesses and the potential that exists, I am looking forward to the challenges ahead and especially the release of our new trading platform in late October to further capitalize on the TDO acquisition announced in May”.

Mr Rothsey concluded in stating “ I am now enthused by the ability to act more independently of the day to day operations of the business in a non executive capacity and to concentrate on strategic growth as well as Board Issues“.

About MDS Financial Group

MDS Financial Group Ltd (publicly listed on the Australian Stock Exchange ASX: MWS) creates specialist stock market investment software utilising the experience gained through 14 years of software development with a primary focus on developing solutions for investors and traders interested in gaining a greater understanding of the ASX and other markets.

The Bourse and MDSnews Market Analyser are our products which are well established in the Australian Market .Both have developed an excellent reputation for been the market leaders for those investors and traders looking for a sophisticated technical analysis solution while remaining functional and easy to use.

MDS has a daily research product, which identifies opportunities in the market and communicates them via our specifically created HTML stock recommendation and tracking engine.

Free Trials to our two software solutions and our daily research product can be found at www.mdsfinancial.com.au

About Trader Dealer Online

Trader Dealer Online was acquired in April 2008 and is a majority owned subsidiary of MDS Financial. MDS announced to the ASX in May that it is the intention of MDS Financial to take 100% ownership of TDO in the short term.

Trader Dealer Online offers execution-only services for equities, options, warrants and CFD for the self directed online investor and trader.

The unique Block Rate Trading approach to charging brokerage appeals to professionals and ensures that retail investors and traders are able to trade like professionals and not have to worry about excessive brokerage costs.

Retail Brokerage is a flat rate of $33 including GST for trades up to $200,000 in value (a trade of $1 million in value costs only $253.00, one of the lowestrates in the market today). TDO’s brokerage fee allows a trade to be split up to 12 separate trades in the one direction over a trading session to allow investors our clients to manage their orders. TDO also offers a wide range of execution options when it comes to software all of which can be found by visiting www.traderdealer.com.au

For more information please contact:

Damian Isbister	Sean Rothsey
CEO – Software and Online Trading	Chairman
MDS Financial Group Limited	MDS Financial Group Limited
P: +61 3 9617 0605	P: +61 7 5442 6080

Download MDS Financial Press Release here