Nordnet integrates eQ's online brokerage business

Nordnet integrates eQ's online brokerage business

Nordnet Bank integrates eQ Bank's online brokerage business into its operations
and, by combining the services, strengthens its position in the savings market
for private customers in Finland.

As previously announced, Nordnet Bank AB acquired Finland's largest online
broker eQ Bank with approximately 57,000 customers on July 1. As part of its
effort to become the leading bank for savings, Nordnet has started the work to
integrate the eQ online brokerage business into its operations. The integration
process is expected to be completed by June 1, 2010 and will further strengthen
Nordnet's position in the Nordic private savings market. 

"Through the strategic acquisition of eQ, Nordnet took an important step towards
our vision of becoming the leading bank for savings and investments in the
Nordic region. We now continue our drive by integrating eQ's online brokerage
business into Nordnet. I see great potential in the Finnish savings market,
where we are advancing our position and will be able to offer our broad product
offering to an even larger customer base", Nordnet CEO Carl-Viggo Östlund says.

In parallel with the integration of the online brokerage business, Nordnet is
evaluating other strategic alternatives for eQ's business areas institutional
brokerage and asset management, since these areas are not within the framework
of Nordnet's core business. Previously Advium, eQ's corporate finance
operations, has been sold to the management of Advium.

For further information, please contact: 
Carl-Viggo Östlund, CEO Nordnet, +46 8 506 330 30, +46 70 609 58 81
carl-viggo.ostlund@nordnet.se


The Nordnet Group provides user-friendly and cost efficient services to private
investors and companies within share trading, mutual fund investments and
pension savings plans. The holding company, Nordnet AB (plc), is listed on OMX
NASDAQ, Stockholm. Nordnet Bank AB is the leading broker in the Nordic region
with about 300,000 accounts in Sweden, Norway, Denmark, Finland, Germany and
Luxembourg. Visit us at www.nordnet.se, www.nordnet.no, www.nordnet.dk,
www.nordnet.fi, www.nordnet.de and www.nordnet.lu.