NeoNet opens London Office

NeoNet Opens London Office NeoNet, a leading provider of real-time equity trading services for institutional investors and broker-dealers, today announced that it is establishing a sales and representation office in London. NeoNet has already offices in Stockholm and New York. "Our office in London will mean a clearer presence and awareness among our U.K. clients," said Torvald Bohlin CEO of NeoNet. "UK is NeoNet's third largest market and London is the financial center of Europe and to have a local office is important to create confidence and also to further explore the potential of the U.K. market" Clients can today access one third of the world's equity market capitalization over NeoNets global exchange network, enabling clients to reduce the cost of execution and market impact by reaching several major liquidity sources and consolidating European and U.S. trading strategies. This eliminates the need for several different systems and brokers for trading at different exchanges. NeoNet offers electronic trading access to the NASDAQ, London, Frankfurt, Paris, Amsterdam, Brussels, Milan, Stockholm, Helsinki, Copenhagen and Oslo stock exchange. NeoNet also plans to connect to the Virt-x Stock Exchanges and the New York Stock Exchange by 2003. NeoNet's global stock exchange network provides secure, real-time access to equity liquidity on leading stock exchanges for institutional investors and broker-dealers. NeoNet avoids any conflict of interest with clients' trading by acting only as an agency brokerage. Contact details for the NeoNet's UK office: No. 1 Poultry, 2nd Floor London EC2R 8JR, United Kingdom Tel. +44 20 7643 1675 Fax: +44 20 7643 2201 For further information, please contact: Company contacts: Torvald Bohlin Magnus Karlsson CEO of NeoNet Communications, NeoNet Tel. + 46 8 454 15 39 +46 8 454 15 46 U.S. PR-agency contact: Damon Leavell Spring O'Brien +1 973 267 8800 NeoNet provides institutional investors and broker-dealers with an exchange network for electronic trading on the world's leading stock exchanges. The NeoNet system gives clients an efficient tool for real- time equity execution on the connected stock exchanges. Through NeoNet, clients experience trading access to one third of the world's equity market capitalization. Focused on providing a single point of access to multiple equity markets worldwide, NeoNet has 78 employees with offices in Stockholm and New York, is listed on the Stockholm Stock Exchange (ticker NEO), and has clients in eleven countries including the U.S. and U.K. NeoNet AB (publ), P.O. Box 7545, SE-103 93 Stockholm, Sweden Tel: +46 8 454 15 00, Fax: +46 8 10 40 84 ------------------------------------------------------------ This information was brought to you by Waymaker The following files are available for download:

About Us

Neonet offers professional market participants flexible, independent and transparent execution services based on advanced trading software solutions. Neonet’s services include a comprehensive execution management system, advanced trading algorithms, smart order routing, market data services and a trading desk operated by qualified execution specialists. Neonet does not engage in proprietary trading or any other financial activity that could result in a potential conflict of interest. Neonet serves clients in over 20 countries. Clients include banks, brokerage firms, institutional investors, hedge funds and asset managers. Neonet Securities is an Orc Group company. Orc Group is owned by Nordic Capital Fund VII. For more information, please visit: