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NetBank, Inc. To Join Nasdaq Financial-100 Index Beginning May 1, 2002

Date 24/04/2002

NetBank, Inc. (Nasdaq:NTBK) of Alpharetta, Georgia, will become a component of the Nasdaq Financial-100 Index® effective at the beginning of trading Wednesday, May 1, 2002. NetBank, Inc. will replace Trendwest Resorts, Inc. (Nasdaq:TWRI), which is being acquired.

With a market capitalization of $798 million, NetBank, Inc. is a diversified financial services holding company that provides consumer and business-to-business banking and lending services through a number of wholly owned, technology-oriented businesses.

Nasdaq is the world's largest stock market. With more than 4,000 companies, Nasdaq lists more companies and trades more shares per day than any other U.S. market. Over the past five years, Nasdaq has outpaced all other U.S. markets in listing IPOs. It is also home to category defining companies that are leaders across all areas of business including technology, retail, communications, transportation, media and healthcare industries. With operations on three continents, Nasdaq is a key driver of global capital formation. For more information about Nasdaq, visit the Nasdaq Web site at www.nasdaq.com or the Nasdaq NewsroomSM at www.nasdaqnews.com.