Acquisition

ADVFN.COM PLC
22 February 2002


ADVFN.COM PLC

22nd Feb 2002


EMBARGOED TO 7.00 AM 22nd FEB 2002


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


               ADVFN acquires veteran financial portal Finsight.


ADVFN today announced that it has purchased the B2B and B2C businesses of
Finsight. The private investor products and B2B solutions offered by Finsight
will now be provided using ADVFN's existing platform.

Finsight operates a 'Portfolio' product that has been supplying private
investors with stock market information since 1996 and the company also provides
B2B information. ADVFN has acquired the site's premium subscriber base, 10,000+
registered users, its site traffic of 1m page impressions a month and its B2B
business supply price data.

The acquisition has been satisfied  by a revenue share work out, plus a
consideration of 1,880,000 ADVFN shares at 2.5p per share.  Application has been
made for these shares to be traded on AIM, and dealings are expected to commence
on 27 February 2002.

Tim Lapish of Finsight said, 'Having been one of the first into this market, it
is good to hand off this business to the leading player in the field.'

Clem Chambers, Managing Director of ADVFN said, 'Finsight Portfolio product was
a pioneer of the online share information industry. It has a loyal user base,
which we are pleased to welcome to ADVFN. This deal brings us new revenue
streams and is a further step in our strategy of consolidating the sector.'



For further information contact:

Clement Chambers, ADVFN, 020 7070 0947
Graeme Thom, Grant Thornton, 020 7383 5100



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