FXall Press Release

FXALL EXTENDS LEAD IN EUROMONEY FX POLL

3 May 2005 - FXall, the world's leading foreign exchange platform, has been named number one multibank portal in the Euromoney foreign exchange poll for the fourth consecutive year.

The Euromoney poll is an annual survey that measures the performance of leading foreign exchange banks and service providers. This year's poll was the largest ever, with 4,492 responses from corporate treasurers, fund managers and senior banking executives. This marks a significant increase on the 3,501 responses recorded in 2004, and demonstrates the growing prominence of the poll in the foreign exchange industry.

FXall came first in the multibank portal category with 50.76% of volumes, double the market share achieved by the nearest competitor. This is the first time any platform has captured more than 50% market share, and conclusively demonstrates FXall's position as the leader in online foreign exchange trading.

The result reflects FXall's success in winning business across all market segments, particularly asset managers, who in 2004 increased trading on FXall by 146%. It is the latest in a series of accolades for FXall, following a fourth consecutive win in the Global Investor FX Poll of institutional investors earlier in the year.

Phil Weisberg, CEO of FXall, said: "I would like to thank our clients for once again voting us number one multibank foreign exchange portal. These results demonstrate that FXall has consolidated its leadership in online foreign exchange. Our commitment to delivering the tightest prices, deepest liquidity and most advanced technology is attracting clients across all market segments. We are continuing to innovate by developing new products, responding both to our customers' needs and to the trust and support they have shown in us."

About FXall

• FXall is the leading portal for online foreign exchange trading, offering customers foreign currency trade execution, access to research and straight through processing. By combining streamlined workflow, competitive FX prices and a complete audit trail, FXall delivers improved control and cost savings at every stage of the deal lifecycle.
• FXall provides customers with the ability to meet best practice guidelines proscribed by regulatory bodies - for more information visit: http://www.fxall.com/about/BestPracticeFX.pdf
• FXall is an independent company with offices in New York, London, Boston, Tokyo and Singapore.

FXall's services are not intended for, and are not available to, private customers, and are not intended for distribution into any jurisdiction where such distribution is restricted by law or regulation. FXall's services do not constitute investment advice or an advertisement, offer, or solicitation of an offer, for the purchase or sale of any investment, securities or other property, or a representation that any investment, security or other property is suitable for any person.

FXall may act through FX Alliance, LLC (a Delaware, USA limited liability company), FX Alliance Limited (regulated by the Financial Services Authority), FX Alliance International, LLC (ARBN 097 253 640, a Delaware, USA company, members' liability limited).

FXall, Altair, QuickFill, QuickOMS, QuickConnect, and all associated logos, are the trademarks of FX Alliance LLC.