RNS Number:3789V
ADVFN PLC
24 April 2007

ADVFN plc ("ADVFN" or the "Company")



Establishment of Level 1 American Depositary Receipt Programme



ADVFN today announces the establishment of a sponsored Level 1 American
Depositary Receipt ("ADR") programme to be traded on the Pink Sheets of the US
over-the-counter ("OTC") market.



Each ADVFN ADR represents 100 ADVFN ordinary shares.  The code for ADVFN's ADR
is "AVFCY" and its CUSIP number is 00100Y104.



The Bank of New York has been appointed as the depositary bank for the Level 1
ADR programme.  Formalities regarding the appointment of a market maker will be
completed shortly at which point a quote for the ADRs will be publicly
available.



Clem Chambers, Managing Director of ADVFN, commented:



"With the expansion of our operations into the US following the acquisitions of
InvestorsHub.com Inc and SI Holdings LLC in 2006, we are keen to make our
company as accessible as possible to international investors, and particularly
in the United States.  We believe the establishment of this Level 1 ADR
programme will broaden and diversify our investor exposure and provide our
customers in North America convenient access to our stock.  The ADR programme
will also help raise the visibility and profile for our US properties in this
important marketplace."





For further information please contact:



Clem Chambers, CEO, ADVFN plc, 020 7070 0948

Fiona Kindness, Grant Thornton UK LLP (Nominated Adviser), 020 7383 5100

Rory Scott, Mirabaud Securities Limited (Broker), 020 7878 3360



About ADRs



An ADR is a negotiable US security which is issued by a US based depositary bank
and represents underlying shares of a non-US company.  ADRs are priced in US
dollars, and allow US investors to buy and sell ADRs of non-US companies in a
similar way to buying or selling shares of US domestic companies, reducing or
eliminating settlement delays, high transaction costs, and other potential
inconveniences associated with international securities trading.



An ADR is created when a broker purchases a company's shares on the home stock
market and delivers those shares to the depositary's local custodian bank, which
then instructs the depositary bank to issue ADRs.  ADRs are treated in the same
manner as other US securities for clearance, settlement, transfer and ownership
purposes.



Level 1 ADRs may trade freely, just like any other security, on the US OTC
market.  When the ADR holder sells, the ADR can either be sold to another
investor or can be cancelled and the underlying shares sold.  In the latter
case, the ADRs are surrendered and the shares held with the local custodian bank
are released back into the home market and sold via a broker.



About ADVFN



ADVFN (www.advfn.com) provides financial data to retail investors from markets
all over the world. It has over 900,000 registered users who generate in excess
of 38 million page impressions a month. ADVFN is currently the number one stocks
and investment website in Europe and has had a dedicated North American website
for the last three years. It is adding between 250 and 300 new North American
users a day. In September of 2006 ADVFN acquired InvestorsHub.com and Silicon
Investor, two top five online investment community websites in the North
American market.



ADVFN currently offers the following market data:

*Free real-time prices from the London Stock Exchange

*EURONEXT-LIFFE

*EURONEXT - Paris, Brussels and Amsterdam

*NASDAQ

*NYSE

*AMEX

* S&P indices

*Dow indices

*CBOT

*OFEX

*FOREX

*GTIS FOREX

*NYMEX

*COMEX

*Pink Sheets

*Chicago Mercantile Exchange (CME)

*Kansas Board of Trade

*OneChicago

*Russian stocks and indices

*Canadian stocks, indices, options and derivatives

*Italian Stock Exchange

*German stocks and indices - Xetra

*Australian Stock Exchange

*Fukuoka Stock Exchange

*Sapporo Stock Exchange

*Tokyo Stock Exchange

*Jasdaq

*Shenzhen Stock Exchange

*Jakarta Stock Exchange

*Bovespa

*Brazilian Central Bank

*BM&F

*Shanghai Stock Exchange

*Hong Kong Stock Exchange

*Hercules

*Bombay Stock Exchange

*Irish stocks and indices

*Mexican Exchange

*Chilean Exchange

*Greek stocks and indices

*Singapore stocks and indices

*Helsinki Stock Exchange

*Stockholm Stock Exchange

*Copenhagen Stock Exchange

*Warsaw Stock Exchange

*Swiss Indices

*Johannesburg Stock Exchange and indices

*Level 2 data

*NASDAQ TotalViewSM data

*Comprehensive fundamental data

*Streaming stock charts, historic and intraday

*CREST stock loan data

*Portfolios

*RNS and AFX news

*Financial bulletin boards

*Historical data downloads

*Stock monitors and filters

*Covered Warrants

*Trading signals

*Investor Relations Web site solutions



For further press information, please contact Francesca De Franco on + 44 20
7070 0932 or email: francescad@advfn.com


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

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