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NeoNet Expands Offering with Spanish Equities and Covers Leading European Indexes

Stockholm, 1 June 2004 - NeoNet, the neutral and independent agency broker for professional investors, today announced that it has added Bolsa de Madrid (Madrid Stock Exchange) to its portfolio of exchange connections.

Responding to client demand for access to Spanish stocks, NeoNet can now offer integrated and transparent trading on 16 of the world's leading stock exchanges.

"Through the addition of Madrid we have further expanded our clients' possibility to trade cross-border and we can offer trading in all shares that make up the DJ EURO STOXX 50 and DJ STOXX 50 indexes," said Simon Nathanson, CEO of NeoNet.

Due to regulatory requirements in the Spanish market that require a local office for exchange membership, NeoNet has chosen to connect through a local intermediary.

In addition to Madrid, clients can also trade through the company's exchange memberships on: Amsterdam, Brussels, Copenhagen, Frankfurt, Helsinki, Lisbon, London, Milan, Oslo, Paris, Stockholm and Virt-x. Trading is also offered on Amex, Nasdaq and NYSE. Clients can trade using electronic direct market access or by sending orders to be worked on NeoNet's international trading desks in Stockholm and New York.