AGM Statement

ADVFN.COM PLC
23 January 2002

EMBARGOED TO 11:10 AM, 23 JANUARY 2002

ADVFN.com Plc ('ADVFN')

Clement Chambers, Managing Director, made the following statement regarding
current trading at the AGM held today:

'It is now just over two years since ADVFN opened its door to UK private
investors. Since that time we have grown to be the UK's leading site, supplying
investors with UK equity information.

We have achieved this by delivering a range of innovative products at an
affordable price, paying close attention to user needs.

We have built ADVFN on a subscription model supported by advertising.  When we
started it was generally held that a subscription model would not work as people
would not pay for content.  We have disproved this by generating a subscription
revenue stream running at more than £1m a year. Likewise there are many sceptics
on net advertising, but our advertising revenues have grown significantly since
we took sales in house and are now a substantial proportion of our total
revenue.

We will continue to expand our offering and will introduce US price and market
data onto ADVFN during this financial year. We believe this will significantly
strengthen the ADVFN offering. We already have a useful number of US based users
and are aware that our UK user base is keenly interested in US information. We
expect US market data to accelerate our revenue growth further while adding only
marginally to our cost base.'



For further information, please contact:


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

-ENDS-

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