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Instinet To Hold Investor Day On June 13, 2002

Date 06/05/2002

Instinet Group Incorporated (Nasdaq: INET) will host its first Investor Day on Thursday, June 13, 2002.

Instinet's management team will present an update on the Company's operating and financial strategy at its headquarters at 3 Times Square, New York, from approximately 8:30 a.m. to 3:00 p.m. New York time.

The event will be audio webcast live at http://www.investor.instinet.com. The webcast will be archived for replay following the event.