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Instinet Becomes Australian Securities Exchange Member


    Instinet, a global agency broker and wholly-owned subsidiary of
    Nomura Holdings, Inc., today announced it has secured full membership
    on the Australian Securities Exchange (ASX), effective immediately.

    With the membership, Instinet can now offer its full suite of
    global execution services - including its alternative trading
    platforms, global algorithms and execution management systems - to
    Australian trading and investment institutions. Until today, Instinet
    has offered Australian market access to its overseas clients through
    various broker/dealer partners and provided Australian institutions
    access to international markets. However, it was unable to service
    Australian fund managers' domestic trading and portfolio management
    requirements directly as it was not a member of the ASX.

    "We are extremely excited about the opportunities that Australian
    Securities Exchange membership presents," said John Fildes, Managing
    Director, Instinet Pacific Ltd. "Australia is a large-scale capital
    market and Australian fund managers are among the most sophisticated
    in deploying effective investment and trading strategies. With access
    to 60 securities markets worldwide, a suite of sophisticated trading
    tools and the liquidity of 1,500 of the world's largest institutions,
    we believe Instinet offers them an extremely compelling offering."

    About Instinet

    Instinet, through its subsidiaries, is a global agency broker,
    providing the trading expertise and advanced technology necessary to
    successfully interact with more than 60 securities markets worldwide.
    Acting solely as an agent for its customers, Instinet seeks to improve
    institutional investment performance and lower overall trading costs
    through its various front-end trading systems, securities crossing
    networks, smart-routing technology, algorithms, commission management
    programs and investment research products. Instinet also operates a
    wide array of Alternative Trading System platforms around the world,
    including CBX(SM) in the United States, Chi-X(R) in Europe and
    JapanCrossing(SM) in Asia. The firm, which is a wholly-owned
    subsidiary of Nomura Holdings, Inc., has offices in North America,
    Europe and the Asia-Pacific region. For more information, please visit
    www.instinet.com.

    (C)2007 Instinet, LLC. All rights reserved. INSTINET is a
    registered service mark in the United States and in other countries
    throughout the world. Approved for distribution in the United States
    by Instinet, LLC, member FINRA/SIPC; approved for distribution in
    Europe by Instinet Europe Limited, which is authorised and regulated
    by the Financial Services Authority; approved for distribution in
    Japan by Instinet Japan Limited, which is authorised and regulated by
    the Financial Services Agency; approved for distribution in Hong Kong
    by Instinet Pacific Limited, which is authorised and regulated by the
    Securities and Futures Commission; and approved for distribution in
    Australia by Instinet Singapore Services Pte Limited. Instinet, LLC,
    Instinet Europe Limited, Instinet Japan Limited, Instinet Pacific
    Limited and Instinet Singapore Services Pte Limited are subsidiaries
    of Instinet Incorporated.