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New Member Of The Copenhagen Stock Exchange

Date 05/02/2001

On Wednesday 7th February 2001, Tullett & Tokyo Liberty (Equities) Limited commences trading and thus it becomes the 43rd active member of the Copenhagen Stock Exchange. At the same time the company also commences trading at the OM Stockholm Exchange.

The membership of the Copenhagen Stock Exchange is part of Tullett & Tokyo Liberty (Equities) Limited's strategy to establish a pan-European broking service directed at institutional and other professional investors. The company does not provide services to retail customers. Additionally, the firm is able to offer a cash equity execution service on the London, Tradepoint, Frankfurt, Paris, Amsterdam, Milan, Stockholm and EASDAQ stock exchanges and will soon be going live in Vienna, Helsinki, Oslo and Brussels. Additionally, it is applying to join the Irish and NEWEX Stock Exchanges.

Commenting on the membership, Leslie O'Malley, Director of Cash Equities and Equity Options said: "Becoming a member of the Copenhagen Stock Exchange is another important step forward in offering our clients a truly pan-European equities broking service."

Tullett & Tokyo Liberty (Equities) Limited is part of the Tullett & Tokyo Liberty group, and is a fully owned subsidiary of the group's parent company Tullett & Tokyo Liberty plc. The group has offices in the world's major financial centres.

Tullett & Tokyo Liberty is a fully diversified inter-dealer broker with leading positions in both Equities and Equity Derivatives, fixed income Securities and Derivatives as well as global Energy, Money and Capital Markets. Through this, it is able to offer price execution facilities across all markets and is in a prime position to offer cross product packages and arbitrage opportunities. It also allows its customers a rate perspective on the inter-relationship between markets.

Commenting on the new member, President and CEO Hans-Ole Jochumsen said: "We are pleased to welcome Tullett & Tokyo Liberty, one of the world's largest inter-dealer brokers, as a member of the Copenhagen Stock Exchange. The NOREX strategy to make the Nordic markets attractive to international brokering companies once again proves to be right for us."