Placing

ADVFN.COM PLC
25 April 2002

ADVFN.COM PLC ('ADVFN' or the 'Company')

Placing of New Ordinary Shares

ADVFN announces that it has issued 22,666,667 new Ordinary Shares ('New Ordinary
Shares') at 1.5 pence per share to raise £340,000 for the Company.  Hoodless
Brennan & Partners Plc have conditionally subscribed for 16,000,000 of these
shares, giving them a percentage holding in the Company of 4.89%.  The funds
will be used to continue the Company's rollout of new services, beginning with
the introduction shortly of US prices.

The Company has previously announced that ADVFN was expected to become
profitable and cash flow positive on an operational level in the first quarter
of 2002 and that this occurred in February 2002.  We are pleased to announce
that this has continued in March 2002.

Application has been made to admit the New Ordinary Shares to trading on AIM and
admission is expected on 29 April 2002.

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