Chi-X Europe Extends Trading Services to Finnish Stocks

Chi-X(R) Europe Limited, the first live, pan-European equity
multilateral trading facility (MTF), today announced that it is
successfully trading, clearing and settling five of the top OMX
Helsinki 25 component stocks, and plans to introduce the remainder of
the indices´ names by the end of the month. The first stocks trading
on Chi-X Europe are:

-- Fortum Ord

-- Nokia Ord

-- Sampo

-- Stora Enso R Ord

-- UPM Kymmene Ord

"Since launching more than one year ago, we have introduced
trading services for many of Europe´s most heavily-traded equities and
are pleased to extend coverage to these top Finnish names," commented
Peter Randall, CEO of Chi-X Europe Limited. "Since launch, Chi-X
Europe participants have regularly enjoyed price improvement and
significantly lower trading costs. We remain encouraged by our early
success, and believe that Chi-X Europe will continue to bring
considerable execution quality benefits to the trading community
through our faster, cheaper and smarter model."

The introduction of trading in Finnish stocks on Chi-X Europe may
lead to considerable savings for institutional investors. Currently,
trading Finnish stocks on the Helsinki Stock Exchange costs an average
of 0.78 bps*, compared to Chi-X Europe´s 0.05 bps cost (based on a
passive/aggressive rebate ratio of 50:50).

Central counterparty services have previously not been available
for Finnish equities, but with today´s announcement, clearing and
settlement for the OMX Helsinki 25 component stocks will be
centralised via Fortis´ European Multilateral Clearing Facility (EMCF)
entity. Trades in these stocks will be settled in the Nordic Central
Securities Depository, and will be fully fungible for clients whether
traded on Chi-X Europe or on the primary market. With this new
structure in place, overall trading, clearing and settlement through
Chi-X Europe and EMCF is anticipated to be around 12.5 times less
expensive* when compared to the current market infrastructure.

* Based on Instinet Europe Limited´s analysis of trading, clearing
and settlement costs.

About Chi-X(R) Europe

Chi-X Europe Limited, a majority-owned, indirect subsidiary of
Instinet Incorporated, is an FSA-authorised securities firm operating
as an MTF (Multilateral Trading Facility) for the trading of a wide
range of European equities.

Chi-X Europe´s low-cost, streamlined model is designed to help
participants achieve ultra-low execution, clearing and settlement
costs. Benchmark tests showed the Chi-X Europe operating model to be
up to 10 times faster** and significantly less expensive than Europe´s
traditional equity exchanges. Chi-X Europe disseminates market data to
clients directly and via third-party market data vendors at no cost,
and off-exchange trade reporting is available for a low monthly fee.
For more information, please visit www.chi-x.com.

** Based on Instinet Europe Limited´s exchange linkages
performance measurement statistics for average DMA order messaging in
June 2007. These Instinet internal figures are for round-trip latency
message acknowledgement based on sending an average number of messages
to the exchange system and obtaining a response back to Instinet´s
system over the course of a normal trading day. They are provided for
illustrative purposes only and are not intended to represent an
independent performance measure of latency. Market volatility and
volume may affect actual performance.

About Instinet

Instinet is a global securities firm, providing over 1,500 clients
around the world with the necessary trading tools, ATS platforms and
global agency liquidity to achieve a high-quality trade execution in
more than 40 countries. 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, through its subsidiaries, operates a wide array of
ATS platforms around the world, including CBX(SM) in the United
States, JapanCrossing(SM) in Asia and Chi-X(R) in Europe, Canada and,
soon, Australia. 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)2008 Chi-X Europe Limited. All rights reserved. INSTINET is a
registered trademark in the United States and in other countries
throughout the world. CHI-X is a registered trademark in the UK and
Europe. Approved for distribution in Europe by Chi-X Europe Limited,
which is authorised and regulated by the Financial Services Authority.
Approved for distribution in the United States by Instinet, LLC,
member FINRA/SIPC.