Joint Venture

ADVFN PLC
18 September 2006


News Release                                                 September 18, 2006

                        ADVFN Asian expansion with JV
                         in burgeoning Chinese market
                  - launching financial websites in China -



ADVFN plc ('ADVFN') is pleased to announce that it has reached heads of
agreement for the formation of a joint venture company with Frame Well Group
Limited ('Frame Well') of Hong Kong.



After successful Joint Ventures in Japan and Brazil, ADVFN is expanding its
Asian operations by joining forces with Frame Well to create ADVFN China. The
joint venture will operate Chinese-language financial websites in the exciting
financial market of China. ADVFN will provide its tried and tested technology
platforms, global financial data and products including real-time streaming and
stocks prices from the Shanghai, Shenzhen and Hong Kong Stock Exchanges. ADVFN
China's objective is to become one of China's top three stocks and financial
data providers in two years.



During the start up phase of ADVFN China, ADVFN will be responsible for the
technical aspects. Frame Well, headed by Rudy Chan, a direct investment
entrepreneur and an operator of high-growth businesses in China and other Asian
markets, will be responsible for finance, local content, sales, marketing and
customer support of the operation.





Clem Chambers, Chief Executive Officer of ADVFN commented: 'Frame Well's
relationship with Venture Capitalists and the investment community in the PRC
and Rudy's past involvement with China.com underpins the benefits of partnering
in this territory. China offers excellent opportunities for ADVFN and this Joint
Venture gives us a solid platform to address this huge growth market. Using the
successful model of ADVFN Japan, ADVFN China is a major development for ADVFN
and puts in place another piece in our global strategy.'



Rudy Chan, Chief Executive Officer of Frame Well said: 'ADVFN China will aim to
capitalize on the growing demand in this market for access to local as well as
worldwide stock market information. ADVFN's leading-edge tools, world-class
services and wide spectrum of financial data will be well received by Chinese
investors.'



                                    - ends -



About Frame Well

Headquartered in Hong Kong, Frame Well is funded and founded by angel investors
and a group of professionals from the fields of advertising, publishing and fund
raising.  It is a direct investment firm focusing aggressively on investing in
and the operating of high-growth, cutting-edge businesses in China, Hong Kong
and selected markets in Asia.  The firm currently has investments and interests
in financial services, mobile games, mobile contents and applications, online
contents as well as video sharing, digital magazine and a state-of-the-art 3D
online, MMORPG (Massively Multiplayer Online Role Play Game) businesses and
companies in China and Asia. Frame Well plans to raise more funds to expand its
operations and investment in China, as the country continues to fulfill its
commitments to WTO and open up its market.



Rudy Chan, CEO of Frame Well, is a direct investment entrepreneur. He is devoted
to developing business opportunities in China and selected markets in Asia.  He
enjoys turning ideas into new business and has extensive know-how in venture
capital fund raising, direct investment, online and mobile content and services
business models.  Prior to founding Frame Well, Chan worked and held senior
management positions in Morningside Asia - a very successful direct investment
and venture capital firm with diverse interests in US, China, Hong Kong and
other parts of Asia, Next Media Group - a leading publisher in Hong Kong,
Chinadotcom - the first Asian internet company listed in NASDAQ.  He was an
executive of IBM for eleven years working in IBM's various country as well as
headquarters operations in China / Hong Kong, Tokyo and New York.





About ADVFN



ADVFN (www.advfn.com) is Europe's number one stocks and shares Web site. With
full real-time coverage of the London Stock Exchange, the euronext-liffe, OFEX,
NASDAQ, Amex and NYSE, including FTSE, Dow and S&P indices, ADVFN provides
professional quality information to the person on the street.



ADVFN was established in the last quarter of 1999 and floated on AIM in March
2000. It now has over 700,000 registered users who generate in excess of 38
million page impressions a month.



We currently cover the following areas in Europe and America:



•Free real-time prices from the London Stock Exchange
•EURONEXT-LIFFE
•EURONEXT - Paris, Brussels and Amsterdam
•NASDAQ
•NYSE
•AMEX
•Italian Stock Exchange
•CBOT
•OFEX
•FOREX
•GTIS FOREX
•NYMEX
•COMEX
•Chicago Mercantile Exchange (CME)
•Kansas Board of Trade
•OneChicago
•Russian stocks and indices
•Canadian stocks, indices, options and derivatives
•German stocks and indices - Xetra
•Australian Stock Exchange
•Fukuoka Stock Exchange
•Sapporo Stock Exchange
•Tokyo Stock Exchange
•Irish stocks and indices
•Mexican Exchange
•Chilean Exchange
•Greek stocks and indices
•Singapore stocks and indices
•Helsinki Stock Exchange
•Stockholm Stock Exchange
•Copenhagen Stock Exchange
•Warsaw Stock Exchange
•Swiss Indices
•Johannesburg Stock Exchange and indices
•Level 2 data
•NASDAQ TotalViewSM data
•Comprehensive fundamental data
•Streaming stock charts, historic and intraday
•CREST stock loan data
•Portfolios
•RNS and AFX news
•UK's busiest financial bulletin boards
•Historical data downloads
•Stock monitors and filters
•Covered Warrants
•Trading signals
•Investor Relations Web site solutions
•PDA service
•SMS stock quote service



For further press information, please contact: Francesca De Franco on 020 7070
0932 E-mail [e-mail]




                      This information is provided by RNS
            The company news service from the London Stock Exchange