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Oslo Børs: New Real-Time Product For Private Investors

Date 13/04/2004

Oslo Børs will launch a new product for private investors from 1 July 2004 - real-time prices showing order depth at five levels. Subscribers to the new product will be able to follow the five best bid and offer prices in the trading system while also monitoring the order volume behind the prices at each level. The product will cost NOK 150 per month (excluding value added tax).

The new product will give access to prices from the equity, fixed income and derivatives markets, as well as to indices and stock exchange announcements published through Oslo Børs.

- Many private investors consider it very important to have access to real-time prices and order depth information at a reasonable cost. We hope that this new product will help to make trading on Oslo Børs more attractive for these investors", comments Oddleif Hatlem, Managing Director of Oslo Børs Informasjon AS.

- This is good news for private investors who use Oslo Børs. Internet brokers have already made it much cheaper to buy and sell in the Oslo market. This announcement of lower prices for access to real-time information on prices and order depth represents a further improvement in the services available to private investors trading in the Norwegian securities market", states Erlend Bruvik, Chairman of Stocknet.

Oslo Børs will continue to offer private investors access to real-time prices without the additional information on order depth for NOK 50 per month (excluding value added tax).