Trading Statement

ADVFN.COM PLC 9 November 2001 Trading Update ADVFN announce update on current trading conditions ADVFN.COM plc, ('ADVFN'), the UK's leading provider of financial information, today announces the following trading update. During August 2001 ADVFN introduced new products and revised pricing levels to its UK website. This was a crucial moment for ADVFN as it represented a culmination of significant change in our pricing, the introduction of a new more sophisticated offering and the integration of the UK-Invest site into ADVFN. We have been delighted with the uptake of our new service levels and are pleased to report that both the number of subscribers and our subscription income have exceeded forecasts. In October 2001 ADVFN's subscription revenue cleared the £1,000,000 a year run rate, up 67% since the end of July 2001. This substantial increase underpins our continued belief that subscription from web services is the correct business model. We can report that in September, the first full month of operation under the new offering ADVFN was No1 provider of UK Share Information according to Hitwise.com which tracks 3 million UK users each day. ADVFN represented 27% of market share and audience. This is almost a third more market share than our nearest rival Interactive Investor and over 250% more than third place rival Yahoo Finance. Our advertising/page impression numbers also continue to exceed our expectations. ABC Audit Bureau's audited figures for June 2001 have shown we delivered over 43 million page impressions. We are conscious that traffic is no longer perceived as the be all and end all of business model measurement but advertising remains an important part of revenue strategy and this has been building well this year with the creation of an in house sales team. This progress was halted temporarily by the September 11th World Trade Centre disaster, but we are now seeing signs of a return to advertising growth. ADVFN has proven itself as a powerful medium for advertisers, particularly in financial services. Successful campaigns on ADVFN have meant most advertisers remain as repeat customers. We are therefore very encouraged by the future of advertising revenues, which already contribute significant revenue. October advertising proved to be our strongest month to date and signs are very encouraging for the Xmas period. Our French website(advfn.fr) and our Freeserve venture(www.freeserve.advfn.com) have both produced increased traffic and importantly income. Success Events continues to be the leader in its sector and is highly profitable. Our full launch of 3DV8 and subsequent partnership announcements mean that this venture is now generating income streams. During the period we have kept stringent control over our costs and are continuing to reduce our monthly outgoings. For further information please contact: Advfn.com plc Michael Boydell, Managing Director 0207 070 0947 Buchanan Communications Jeremy Garcia 020 7466 5000 Notes to Editors: About ADVFN (www.advfn.com) ADVFN is a leading provider of professional quality shares data to private investors from its web sites at www.advfn.com, www.advfn.fr, its WAP services (http://mobile.advfn.com/wap/) and its interactive television channels with Telewest. The company also provides investment education services through its subsidiary, Success Events Limited (www.success-events.com). Since going live in the last quarter of 1999, ADVFN has quickly become a leader in its market and recently announced that its web site had achieved over 40 million page impressions a month. Its rapidly growing user base has one of the highest demographics of any media. Its recently formed B2B division covering Investor Relations solutions, client competitor aware products, fundamental data and co-branded products can now be seen on high profile web sites including Orange, Friends Provident, and Accountancy Age. ADVFN's American subsidiary, 3DV8 inc. recently launched its proprietary 3D visual data mining application throughout North America and into UK. (for more details visit www.3DV8.com). The company has already established itself in this niche market place and has formed a number of strategic alliances.

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