London, UK; 30th November 2001; Hugin ASA - The FSA today named the PIP services who have confirmed their interest in submitting an application for approval to disseminate regulatory information. Hugin is pleased to be one of the leading contenders.

Hugin plans to offer British companies the opportunity to disseminate their regulatory news from a unique distribution interface. This intuitive and quick system will simplify the publishing process for IR officers and IR agencies.

Hugin already distributes secondary investor relations announcements to the widest investor network in Europe. These audiences will be able to immediately and directly receive UK regulatory news through the same channels.

Hugin is the only potential PIP who also holds a license from the Deutsche Börse to distribute German regulatory news to European investors. The experience in that market is expected to enhance Hugin's proposal to become authorised by the FSA in the UK.

Paul Herbert, Sales Director at Hugin said:

""Hugin believe that the FSA's plan to open company announcement dissemination up to competition will be of great benefit to both UK companies and shareholders. The polarisation of regulatory and secondary financial announcements will enable companies to communicate their 'whole story' to the entire marketplace.

For the first time retail investors will be able to receive news at the same time as the financial institutions and the media, abolishing the favouritism to the establishment that has existed for so long.

Listed companies will now have access to technologically advanced suppliers with global distribution networks, capable of easing the administrative burden and reducing their costs.""

Hugin currently has relationships with all the secondary providers named by the FSA plus numerous other data providers that are key to market operations throughout Europe and North America. All regulatory news distributed by Hugin will be available on http://www.huginonline.co.uk, where investors can also subscribe for email alerts.

For further information, please contact:
Paul Herbert
Hugin ASA
Greener House, 66-68 Haymarket
London, SW1Y 4RF
United Kingdom
+44 (0)20 7839 5225
paul@huginonline.co.uk

About Hugin
Hugin is the only European company to specialize in using the Internet to distribute financial announcements and corporate information directly from companies to investors. Founded in 1995 in Norway, Hugin continually researches and develops new web-based technologies to facilitate connectivity between companies and their investors. Hugin offers investors free subscription to an immediate email alert service.

Hugin has operations in Denmark, Finland, Germany, the Netherlands, Norway, Sweden, Switzerland and the UK and is reachable worldwide through its Internet portal at http://www.huginonline.com