NeoNet and US-based Jefferies Sign Agreement for Electronic Exchange Connectivity

NeoNet and US-based Jefferies Sign Agreement for Electronic Exchange Connectivity NeoNet a leading provider of real-time equity trading services for institutional investors and broker-dealers, today announced that U.S.- based institutional brokerage firm and investment bank Jefferies & Company, Inc. has signed an agreement with NeoNet. Jefferies will provide institutional clients using the Jefferies managed network with direct connectivity to NeoNet's Electronic Execution Network for direct execution at European exchanges. The FIX-enabled NeoNet equity trading technology will be connected at Jefferies' institutional trading site in New York. "Europe's equity markets are fragmented, with many different trading platforms, clearing and settlement venues, membership administration, regulations and ownership," said Mike Alex, Senior Vice President of eBusiness at Jefferies & Company, Inc. "Jefferies' direct electronic connection to NeoNet allows us to offer our 1,700 institutional clients a single point of access to important equity markets in Europe." NeoNet's Electronic Execution Network links to the London, Stockholm, Helsinki, Frankfurt, and Copenhagen stock exchanges. NeoNet also has plans to expand connectivity to EuroNext (Paris, Brussels, and Amsterdam stock exchanges) in third quarter 2001. "We are very pleased with our agreement with Jefferies," said Torvald Bohlin, CEO of NeoNet AB. "As a leading securities trading enterprise, Jefferies recognizes the long-term potential in providing U.S. institutional clients with direct access to the European equity markets. This agreement also demonstrates the growing trend among U.S. institutions to expand their trading activity globally." About Jefferies & Company Jeffries & Company, Inc., the principle-operating subsidiary of Jefferies Group, Inc. (NYSE: JEF), is an institutional brokerage firm and an investment bank. For institutional investors, Jefferies provides outstanding trading execution in equity, high yield, convertible, and international securities, as well as value-added, fundamental research. As an investment bank, Jefferies offers capital raising, M&A, and restructuring services for middle market companies. Jefferies is a leader in equity trading for institutional investors, as recognized by numerous consulting and survey organizations, and also provides prime brokerage and securities lending services. Jefferies Group, Inc. and its subsidiaries employ over 1,000 people in 21 offices worldwide, including Boston, Chicago, Dallas, Hong Kong, London, Los Angeles, New York, Paris, San Francisco, Tokyo, and Zurich. Further information, including a description of Jefferies' trading, research and investment banking services, can be found at www.jefco.com. For further information, please contact: Torvald Bohlin, CEO of NeoNet AB (publ) Tel. + 46 8 454 15 39 torvald.bohlin@neonet.se NeoNet is a leading provider of real time equity execution services for institutional investors and broker-dealers. Through its Electronic Execution Network NeoNet provides its clients with efficient, secure and anonymous access to currently over 50 % of the equity market capitalization in Europe. NeoNet focuses on providing single access to multiple securities markets worldwide. NeoNet has over 60 employees with offices in Stockholm and New York and is listed on OM Stockholm Exchange. NeoNet AB (publ), P.O. Box 7545, SE-103 93 Stockholm, Sweden Tel: +46 8 454 15 00, Fax: +46 8 10 40 84 www.neonetsecurities.com ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/03/27/20010327BIT00520/bit0001.doc http://www.bit.se/bitonline/2001/03/27/20010327BIT00520/bit0001.pdf