Share Exchange

ADVFN.COM PLC
25 September 2002


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

Share Exchange


ADVFN announces that it has participated in the placing ('Placing') recently
completed by New Opportunities Investment Trust PLC ('NOIT').  NOIT is a new
investment trust which has raised, £11,116,749 in cash and/or qualifying
securities pursuant to the Placing, and was admitted to the Official List of the
United Kingdom Listing Authority and to trading on the London Stock Exchange's
market for listed securities today ('Admission').

Under the terms of the Placing, ADVFN subscribed for 200,000 redeemable ordinary
shares in NOIT ('NOIT Shares') at a price of 100p per share, which was settled
by the issue to NOIT of 16,000,000 new ordinary shares of ADVFN at a price of
1.25p.  Application has been made for these shares to be traded on AIM and
admission is expected to become effective on 27 September 2002.

ADVFN also received as part of the Placing 40,000 warrants which confer the
right to subscribe in cash for one new NOIT Share at any time up to including
five years from Admission at a price of 100p per share ('Warrants').  The
Warrants were also admitted to the Official List of the United Kingdom Listing
Authority and to trading on the London Stock Exchange's market for listed
securities at the same time as the NOIT Shares were admitted.

ADVFN has agreed not to dispose of any part of its holding of NOIT Shares and
Warrants for a period of three months from Admission.


For further information, please contact:

Clement Chambers, ADVFN, 020 7070 0909
Fiona Kindness, Grant Thornton, 0870 991 2520


Details on NOIT

NOIT is an new UK investment trust which will invest primarily in the quoted
equity and debt securities of selected smaller companies. NOIT's investment
objective is to generate capital appreciation in the medium to long term.  As
well as accepting cash consideration, NOIT offered investors the opportunity to
participate in the Placing by transferring appropriate securities to the
Company.  By accepting appropriate securities from investors, NOIT hopes to
achieve a ready-made portfolio without affecting market prices.


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