Trading Update

ADVFN.COM PLC 17 July 2002 ADVFN.COM plc ('ADVFN') Trading update ADVFN, the UK's leading provider of financial information to private investors, today announces the following trading update. 2002 has proven a good year so far for ADVFN. The turbulence in the world stock markets has had a positive effect on both our subscription and advertising revenue streams. Advertising income in particular has benefited with financial services companies recognising ADVFN as the market leader and as a reliable source of new customers. Advertising income has increased by 221% in the second quarter of 2002 over the same quarter in 2001, with advertising income in May alone more than the first four months of calendar year 2001. Total sales also increased by 110% in the second quarter of 2002 compared to the corresponding period in 2001. Costs were put under a tight review in January, which combined with the rise in sales, has led ADVFN to operational profits from February through June. US price feeds are now in test with our user base and it is expected that US price products will be launched in August. Initial feedback is promising and we are very positive about the impact on our future sales. Contacts: Clement Chambers, ADVFN, 020 7070 0909 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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