Autonomy Announces New Wins in Banking and Finance Sector

New signings grow number of banking, finance and insurance clients announced over the past five months

CAMBRIDGE, England, 27 February 2001 - Autonomy (EASDAQ: AUTN, NASDAQ: AUTN, LSE: AU.), a leading provider of infrastructure software for the Web and the enterprise, today announced a series of new customer wins in the banking and finance sector, including Lloyds TSB, Lehman Brothers, DG Bank AG, Landeszentralbank Bayern (LZB) and the Zürcher Kantonalbank (ZKB)

These wins bring to 13 the total number of banking, finance and insurance customers announced over the past five months; others include ABN Amro, Dresdner Kleinwort Wasserstein, HSBC, Lloyd's of London, Royal & SunAlliance, Fireman's Fund, Nomura and Zurich Financial Group.

• Lloyds TSB - Lloyds TSB has selected Autonomy to create an automated information infrastructure to help increase efficiencies across the entire organization. Lloyds TSB will use Autonomy to automatically make sense of vast volumes of information including office documents, PDFs, Web pages and intranet content.
• Lehman Brothers - Lehman Brothers, a global institutional investment bank, has selected Autonomy's Portal-in-a-Box™ technology to bring the benefits of automation to the information holdings in its Strategic IT department.
• DG Bank AG - DG Bank, a leading German player in retail and business banking, has deployed Autonomy's Portal-in-a-Box™ technology to automatically manage large volumes of information relating to banking practice and regulations, in order to make these resources more transparent to employees. The implementation at DG Bank was carried out by German banking services specialist BIK, in turn a customer of Autonomy's German partner SEC Consulting.
• Landeszentralbank Bayern (LZB) - LZB, a Bavarian division of the German Bundesbank, has selected Autonomy's Portal-in-a-Box™ and Active Knowledge™ technologies to automatically aggregate, categorise, hypertext link, personalise and deliver business information, in both English and German, initially to over 150 users. The information will be drawn from multiple sources, including office documents, intranet content, the Web, newsfeeds and Lotus notes databases.
• Zürcher Kantonalbank (ZKB) - ZKB, Switzerland's third-largest bank, has selected Autonomy for an enterprise implementation that delivers automatically hypertext-linked information to employees to keep them fully informed of both internal information and industry- related issues.

Dr. Mike Lynch, founder and Group CEO of Autonomy, commented: "Regardless of industry sector, companies must face the fact that the amount of unstructured information in the enterprise is doubling every ninety days. Companies cannot afford to neglect their core business while manually managing this information. We provide a fundamental infrastructure technology that can be used in any industry to help enterprises automatically manage and leverage information. The banking industry is yet another vertical market that recognises the strength of our technology and the efficiency it promotes."

At the heart of Autonomy's software is its ability to analyse text and voice (in any language) and identify and rank the main concepts within it. It can then automatically categorise, link, personalise and deliver that information. The technology is used to automate these operations within enterprise information portals, customer relationship management, knowledge management and e-business applications.

About Autonomy Corporation plc

Autonomy's infrastructure technology enables computers to form an understanding of a piece of text, Web pages, e-mails, voice, documents and people. Because of this unique ability, Autonomy's technology automates business operations on unstructured information, such as categorizing, linking, personalizing and delivering operations, which, to date, have been completely manual. Autonomy's technology powers any application dependant upon unstructured information including: e-commerce, customer relationship management, knowledge management, enterprise information portals and online publishing.

Among Autonomy's 425-plus customers are Alcatel, Associated Press, BBC, British Aerospace, Clorox, Reed Elsevier, News Corp., Lucent Technologies, Merrill Lynch, SF Gate, Reuters, Semi-tech, The Royal Mail, TF1, Unilever and the United States Department of Defense. In addition, many of the world's leading software companies license Autonomy's technology to add intelligence to their own products, in areas as diverse as online publishing, knowledge management, email routing and document management. These include Vignette, Sybase, Corechange, Brio, Delano, Epiphany, Filenet, Hyperwave, Insight, Intranet Solutions, Intraspect, KnowledgeTrack, Nexor, Novient and OpenMarket.

Autonomy was founded in 1996 and has offices in Boston, Chicago, Dallas, San Francisco, New York, and Washington, D.C. in the United States, as well as offices through Europe, including Amsterdam, Brussels, Cambridge, Frankfurt, Milan, Paris, Oslo, and Sydney. In July 1998, the company went public on the EASDAQ exchange (EASDAQ:AUTN). Autonomy floated on The Nasdaq National Market (NASDAQ: AUTN) in May 2000, and on the London Stock Exchange (LSE: AU.) in November 2000.

Note:

With the exception of historical information, the matters set forth in this news release are forward-looking statements that involve risks and uncertainties. A number of important factors could cause actual results to differ materially from those in the forward-looking statements. These factors include, among others, technology risks, including dependence on core technology; fluctuations in quarterly results; dependence on new product development; rapid technological and market change; reliance on sales by others; management of growth; dependence on key personnel; rapid expansion; growth of the Internet; financial risk management; and future growth subject to risks. These factors and other factors which could cause actual results to differ materially are also discussed in the company's filings with the United States Securities and Exchange Commission, including Autonomy's Registration Statements on Form F-1.

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