Executive Summary

Provides professional quality shares data to private investors from its web site and its interactive television channels with Telewest. It also provides education services through its wholly owned subsidiary, Success Events Limited. Since going live in the last quarter of 1999, ADVFN has quickly become a leader in its market and recently announced that its web site had achieved 40 million page impressions in a month. ADVFN floated on AIM in March 2000. ADVFN has begun a strategy of international expansion and recently announced the opening of its French web site. Its current services include: Free real-time prices direct from the Stock Exchange; Premium site with level 2 data at ?35 per month; User-configurable alerts to e-mail and mobiles; Comprehensive fundamental data; Stock monitor. Track stocks - with automatic updates; Portfolio service. Update and track your portfolios; Fast quotes; Top Lists; Newswire (RNS, AFX and ADVFN in-house journalists); Trade Analyser; Charts (historic, intraday, Microscope); Data download area; Informed and active Bulletin Boards; Investment education through its subsidiary Success Events Limited; Interactive Digital Television Channel in conjunction with Telewest; WAP services directly and via Orange.

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