Issue of Equity

ADVFN PLC
13 September 2006



                                   ADVFN PLC

                      APPLICATION FOR ADMISSION OF SHARES


Further to the announcement made on 5 September 2006, ADVFN plc ('ADVFN' or the
'Company') has applied for the admission to trading on AIM of 32,833,333 new
ordinary shares of 1p in the capital of the Company (the 'Ordinary Shares') on 8
September 2006 and on 11 September 2006, applied for the admission of a further
68,847,466 Ordinary Shares. Admission of the first tranche is expected on 14
September 2006 with the second tranche being admitted on 15 September 2006.

The issued shares will comprise 98,166,666 Ordinary Shares placed by Mirabaud
Securities Limited at a placing price of 3p per share (the 'Placing Shares'), as
previously announced. In addition a party to the acquisition that was announced
on 5 September 2006 has agreed to subscribe for 3,514,133 Ordinary Shares.  The
Placing Shares are being admitted in two instalments because the first
instalment qualifies for EIS/VCT relief.

Following admission of the Ordinary Shares to trading, ADVFN's total issued
share capital will be 581,569,595 Ordinary Shares.



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