Exercise of Options

ADVFN PLC
27 January 2004


27 January 2004
FOR IMMEDIATE RELEASE

ADVFN plc (the 'Company')

- Exercise of Options -


The Company was notified on 26 January 2004 that options to subscribe for
583,332 ordinary shares in the Company were exercised at a price of 1.75p. An
application has been made for the new common shares to be admitted to trading on
the Alternative Investment Market. Dealings in these shares are expected to
commence on 29 January 2004.

The Company was notified that of the shares for which application has been made,
options to subscribe for 333,333 ordinary shares were exercised by Ray Negus, a
Director of ADVFN plc. Following the exercise, Ray Negus holds a 0.082 per cent
interest in the ordinary share capital of the Company.




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