Acquisition

ADVFN PLC
21 November 2005


News release


Under embargo until 7.30am Monday, November 21, 2005

ADVFN plc ('ADVFN' or the 'Company')

Proposed acquisition of Equity Holdings Limited

ADVFN is pleased to announce that it has agreed terms, subject to contract and
inter alia FSA approval of the proposed change of control, with the board of
Equity  Holdings Limited ('EH') for the purchase of the entire issued share
capital of EH for an aggregate consideration of  up to £1,500,000  to be
satisfied by a payment at completion of £500,000 in cash and ADVFN new ordinary
shares and a deferred consideration by reference to the turnover of EH in the
three financial periods ending 30 June 2008.

Further announcements as to the timing of completion of the transaction will be
made in due course.

Clem Chambers, CEO ADVFN, said 'Equity Development is a well respected brand in
the equity research segment. Equity Development's regulated offering and ADVFN's
broad distribution fit well together and should offer significant opportunities
for both platforms.'

Brian Basham, Chairman of Equity Holdings, said:

'It is eight years since Equity Development was established. It was an idea
ahead of its time, but the concept of issuer-financed research is now firmly
established and welcomed by the investment community. Equity Development has now
developed a brand that is widely recognised for quality and objectivity. We
look forward to working with ADVFN to further expand Equity Development.'

NOTES TO EDITORS

For further press information, please contact: Francesca De Franco on 020 7070
0932 E-mail [e-mail]

About ADVFN

ADVFN (www.advfn.com) is Europe's number one stocks and shares Web site. With
full real-time coverage of the London Stock Exchange, the euronext-liffe, OFEX,
NASDAQ, Amex and NYSE, including FTSE, Dow and S&P indices, ADVFN provides
professional quality information to the person on the street.

ADVFN was established in the last quarter of 1999 and floated on AIM in March
2000. It now has over 550,000 registered users who generate in excess of 38
million page impressions a month.

We currently cover the following areas in the UK, France and America:

• Free real-time prices from the London Stock Exchange
• EURONEXT-LIFFE
• EURONEXT - Paris, Brussels and Amsterdam
• NASDAQ
• NYSE
• AMEX
• CBOT
• OFEX
• FOREX
• GTIS FOREX
• NYMEX
• COMEX
• Chicago Mercantile Exchange (CME)
• Kansas Board of Trade
• OneChicago
• Russian stocks and indices
• Canadian stocks, indices, options and derivatives
• German stocks and indices - Xetra
• Irish stocks and indices
• Mexican Exchange
• Chilean Exchange
• Greek stocks and indices
• Singapore stocks and indices
• Helsinki Stock Exchange
• Stockholm Stock Exchange
• Copenhagen Stock Exchange
• Warsaw Stock Exchange
• Swiss Indices
• Johannesburg Stock Exchange and indices
• Level 2 data
• Comprehensive fundamental data
• Streaming stock charts, historic and intraday
• CREST stock loan data
• Portfolios
• RNS and AFX news
• UK's busiest financial bulletin boards
• Historical data downloads
• Stock monitors and filters
• Covered Warrants
• Trading signals
• Investor Relations Web site solutions
• PDA service
• SMS stock quote service
• Headlines - news headline and archive search



                      This information is provided by RNS
            The company news service from the London Stock Exchange