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Instinet To Release 2001 Fourth Quarter Earnings On February 12, 2002

Date 19/12/2001

Instinet Group Incorporated (Nasdaq: INET) will release its results for the fourth quarter and fiscal year ending December 31, 2001 on Tuesday, February 12, 2002.

Instinet will hold a conference call that day to review the results with the investment community. A live audio webcast of the call will be available at http://www.investor.instinet.com.An audio replay and a transcript of the webcast will be available at the same address after the call. Additional details about the conference call will be released prior to February 12, 2002.

About Instinet

Instinet, through affiliates, is the world's largest electronic agency securities broker and has been providing investors with electronic trading solutions for more than 30 years. Instinet operates an e-financial marketplace where buyers and sellers worldwide can trade securities directly and anonymously with each other, and have the opportunity to lower their overall trading costs. Through its electronic platforms, customers can access 40 securities markets throughout the world. With major offices in New York, London, Paris, Frankfurt, Tokyo, and Hong Kong, Instinet provides its customers with access to research generated by Instinet and by third parties, as well as various informational and decision-making tools. For more information, please go to www.instinet.com.