NeoNet AB (publ) - Interim Report 1 January-30 September 2000

10/25/2000 1:11 PM EST

Interim report in short:
*Commission income was SEK 114.5 (58.7) m, up 95%.
*Operating earnings before depreciation and net financial items rose by 50%
to SEK 29.2 (19.5) m.
*In September, 58% of revenues were generated from electronically routed
orders, while for the period January to September inclusive, this share
was 46%, against 31% in the corresponding period of the previous year.
*NeoNet linked up to the Frankfurt Stock Exchange (Deutsche Börse, Xetra)
for automatic order routing in March.
*Investments in the period were SEK 21.8 (18.3) m.
*NeoNet effected a new issue, with payment on 19 October, attendant to its
20 October listing on the OM Stockholm Exchange's O-list. The issue is
expected to raise SEK 160 m for the company, less issue expenses. The
number of shares expanded by 8 million to 40.6 million (25%).

The entire interim report can be downloaded on www.neonetsecurities.com
(under News)


For further information contact:
Torvald Bohlin, CEO of NeoNet AB (publ)
Tel. + 46 8 454 15 39
 


NeoNet is a leading provider of real time equity execution services for
institutional investors and broker-dealers. Through its Electronic
Execution Network, NeoNet provides its clients with efficient, secure and
anonymous access to currently 25% of the equity market capitalization in
Europe. NeoNet focuses on providing single access to multiple securities
markets worldwide. NeoNet has 60 employees and offices in Stockholm and
New York.

NeoNet AB (publ), P.O. Box 7545, SE-103 93 Stockholm, Sweden
Tel: +46 8 454 15 00, Fax: +46 8 10 40 84
www.neonetsecurities.com