FXall Press Release

Voted #1 multi-bank FX site by institutional investors in FX Week 2001 survey

New York, 3 December 2001 - FX Week announced that FXall has been selected the number one multi-bank portal for foreign exchange as voted by institutional buy-side clients polled by FX Week.

Mark Warms, Chief Marketing Officer of FXall, said, "FXall's guiding philosophy has always been to deliver for customers. We make no unrealistic promises: Our customers benefit from the most comprehensive functionality - now. The FX Week poll is a further endorsement for FXall, which validates our central proposition of providing customers with unique benefits, based on a proven model that is financially viable for the long-term."

About FXall

• FXall is an electronic trading platform offering customers foreign currency trade execution, access to research and straight through processing
• FXall was launched as a fully automated portal on 10 May, 2001. FXall's comprehensive functionality includes easy multi-bank access, portfolio management tools that enable execution of entire portfolios of trade, leading quality research and analysis available through a single sign-on, and 24-hour access to a multi-lingual support centre
• FXall was selected best multibank site for foreign exchange by Euromoney.com
• There is no fee for transactions and access to research for customers and other price takers at FXall
• 55 banks have agreed to provide liquidity on FXall
• Under the European Union's uniform regulatory directives, the FSA will be FXall's principal supervisory regulator for business in the EU
• FXall has offices in New York, London, Tokyo and Hong Kong

Further information on FXall is available at www.fxall.com