Entrust Provides Egg with Secure Internet Financial Services for Over 2 Million Customers Using Secure Web Portal Solution

Creating the World's Largest and Fastest Growing Secure Online Financial Services Operation

19 Mar 2002

Dallas, TX - Entrust [Nasdaq: ENTU] a leading provider of enhanced Internet security products and solutions today announced the second phase of deployment, initiated in Q4, 2001 with Egg, Europe's foremost online financial services provider. As well as announcing its expansion into France earlier this year, Egg has seen tremendous growth of 600,000 new customers in 2001 alone, taking its net number of customers to over 2 million.  This expansion makes it the world's largest and fastest growing online financial services provider. In order to support this success, Egg will be rolling out further Entrust GetAccess^TM licences this year.

Egg has been a customer of Entrust since the summer of 1999.  Initial applications were deployed to support the launch of the Egg Card, followed by all its other financial services. Egg's decision to purchase additional products and services from Entrust is a natural progression of the relationship.

Ensuring the strongest security protection, yet delivered in a customer-friendly way is one of Egg's core concerns. Egg therefore knows digital identities and access control software are essential in offering online customers personalised access to their accounts.  The deployment of Entrust GetAccess enables personalised and secured transactions over the Web, based on the relationship each individual customer has with Egg. It supports wired and wireless networks and its enhanced Internet security capabilities can be expanded through products such as Entrust TruePass^TM.

From the outset, Egg set itself aggressive growth targets and has beaten its own goal of signing up over 2 million users by 2004. This additional investment in Entrust software reflects the next phase in the online bank's growth strategy. According to Pete Marsden, Egg's Chief Technology Officer: "The phenomenal success Egg has achieved since launch three years ago, such as crossing the 2 million customer mark and moving into Europe, has meant the need for fast and efficient technology infrastructure growth. Because of this, any security solution needs to be able to rapidly expand at the same rate as our business, and so scalability is one of the most demanding of all our evaluation criteria." 
 
Pete Marsden went on to say that, "We chose Entrust to provide the secure portal software for our online banking solutions because we are committed to using best-of-breed products to maintain the levels of customer confidence we have built our reputation on. We were also impressed by the company's strong UK presence.  The Entrust organisation and Entrust GetAccess have contributed to Egg's success."

Colin Wyatt, Vice President and Managing Director of Entrust EMEA said, "Egg's decision to extend its investment with Entrust is a great endorsement of our Secure Web Portal solution.  This deployment has demonstrated that it is possible to combine personalised access with the systems management functionality to manage a large number of users.  Egg recognises that as well as providing protection for financial transactions and sensitive data, enhanced Internet security can also be a business enabler allowing a company to offer its customers more and more services online."

About Egg

• Egg plc is Europe's leading online financial services provider, providing banking, insurance, investments, mortgages and a shopping portal through its Internet site and other distribution channels.
• Egg plc floated on 12 June 2000 raising proceeds of approximately ?150 million and is listed on the London Stock Exchange. Prudential plc continues to hold 79% of the share capital.
• According to findings from Nielsen / Netratings, the independent web audience monitoring company, Egg consistently ranks as one of the most visited financial services websites in Europe.