Instinet Group Closed Friday In Honor Of President Reagan

Instinet Group Incorporated (NASDAQ: INGP) today announced that in remembrance of the late President Ronald Reagan, Instinet Group and its subsidiaries will be closed in the U.S. on Friday, June 11. 2004. Normal trading will resume on Monday, June 14, 2004. Instinet Group's major subsidiaries include Instinet, the Institutional Broker and INET, the Electronic Marketplace.

Ed Nicoll, Chief Executive Officer, Instinet Group Incorporated said, "The Instinet Group community worldwide offers its prayers and condolences to the Reagan family. Along with the rest of America, we gratefully recall President Reagan's leadership, vision and lifelong commitment to freedom."