Result of AGM

ADVFN PLC 10 January 2007 ADVFN plc (the 'Company') Result of AGM The Company announces that at its Annual General Meeting, held today 10th January 2007, all resolutions were duly passed. In addition, the Managing Director of ADVFN, Clem Chambers, made the following statement: '2006 was a strong year for ADVFN having seen a turnover rise of 35% to the year end of June. Turnover growth has since continued in the period up to the end of December. The acquisition of InvestorsHub.com and Silicon Investor marks an important step for ADVFN. It significantly expands our traffic and reach and brings with it a strong platform of growth. The integration of these sites into our business model has been proceeding well and the early fruits of this process will make a positive impact in the year to June 2007. The prospects for significant growth from these sites will be even greater in 2008. Our overseas sites have been growing well with solid performances in Brazil, Italy and Japan. This has resulted in non-UK subscriptions accounting for over 25% of ADVFN's total premium user sign ups. This proportion is steadily rising. Equity Development, acquired at the beginning of 2006, is performing above expectations and is profitable and cash generative. CupidBay and Fotothing continue to generate strong traffic, and while non core represent valuable properties which we believe will in due course provide an excellent return. ADVFN has been through a long period of investment in order to build a global offering and while the company will continue investing, its platform has reached a level of maturity where sales growth will increasingly improve bottom line performance. In the past the ADVFN business has grown alongside the growth of the site, which has meant sales lagging development. With the growth of localised foreign language sites and with the large traffic of our US acquisitions, the focus will be less reliant on further investment thereby delivering a strengthening financial performance. With advertising sales levels and subscriber numbers at all time highs the company is looking forward to strong growth in 2007 and feels confident that it can continue to deliver this into 2008.' For further information please contact: Clem Chambers, CEO, ADVFN plc, 020 7070 0948 Fiona Kindness, Grant Thornton UK LLP (Nominated Adviser), 020 7383 5100 Rory Scott, Mirabaud Securities Limited (Broker), 020 7878 3360 This information is provided by RNS The company news service from the London Stock Exchange

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ADVFN (AFN)
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