Pronet ranked in world's top-5 research firms for third year running

London, 26 November 2003 - At last night's FX Week "Best Bank Awards"
dinner, Pronet maintained its top-five ranking as one of the
world's best firms for analysis of FX.

A recent entrant to a market dominated by larger and longer established
firms, Pronet stormed into the rankings immediately on its launch in 2000
and has held the position in each subsequent year. The rankings are
determined by a poll of the professional buy-side and sell-side side.

Chief executive Shane Smith comments "We are grateful for the recognition
and support of our clients around the world, and particularly pleased to
maintain our position this year given that the main focus of the business
during 2003 has been introduction of an equities research service to address
the needs of US broker-dealer in the wake of the Spitzer/SEC settlement".

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