TELERATE LAUNCHES WEBSTATION 2.4

NEW YORK, June 28, 2004 - Telerate, a leading global provider of real-time information and transaction services, announced today the launch of WebStation 2.4. The new release provides clients with significant enhancements including substantial advances in request-response performance, a new portfolio display object to monitor P&L margins in real-time, new charting features and superior news filtering.

Since Telerate launched WebStation in 2002, it has proven to be the market leader in browser-based market data display solutions, with functionality and depth of data superior to many desktop applications. Currently, WebStation provides premier real-time streaming data to over 5,000 users based throughout the world, including leading institutions such as Citigroup, Credit Suisse, Deutsche Bank and HSBC.

"WebStation has been an integral tool for thousands of our customers around the world since its launch two years ago. Today, our customers will find WebStation 2.4 offers them an improved array of services and tools to better enable them to see the data they need and respond in real-time," said Mary Ivaliotis, Senior Vice President of Telerate. "WebStation 2.4's pioneering features provide our clients with the easiest to use and most customizable front end available. Our customers have instant access to the huge depth of enchmark data available from Telerate that they need to help them succeed in their business."

In addition to the new features noted above, WebStation 2.4 offers clients enhanced symbol navigation, new custom objects that allow users to create and save their own display objects, new symbol status indicators and improved GUIs for simpler use and quicker access to data.

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