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Instinet Europe Ltd. New Member Of Oslo Børs

Date 24/05/2005

The British investment firm Instinet Europe Ltd. will start direct trading in shares on Oslo Børs from Friday 27 May. Instinet become a member at Copenhagen Stock Exchange from the same time. Including Instinet, 17 out of at total of 40 members now have remote membership at Oslo Børs.

Instinet operates in more than 40 markets and exchanges worldwide. I the Nordic region Instinet already trade at Stockholm Stock Exchange and Helsinki Stock Exchange.

- We are delighted to welcome Instinet as a member of Oslo Børs. It is important for the liquidity in the Norwegian market that we attract foreign members, and I am sure that Instinet will contribute to liquidity in the market, comments Sven Arild Andersen, President & CEO of Oslo Børs.

About Instinet
Instinet Europe Limited is a subsidiary of Instinet Group Incorporated which is part of the Reuters family of companies. Instinet acts as an agent for its customers, including institutional investors such as mutual funds, pension funds, insurance companies and hedge funds.