Press Release

Moneyspider.com

PRESS RELEASE

FOR IMMEDIATE DISTRIBUTION

31 August 2007

FUNDRAISING ROUND IN FULL SWING AT MONEYSPIDER.COM - FUNDS RATINGS ANALYST ATTRACTS INVESTORS WITH STRONG GROWTH POTENTIAL PLUS TAX BILL SAVINGS

-                        Online fund research firm enters promising growth period

-                        New money set to fuel membership expansion

-                        Second website Fundchecker.com in the pipeline for next year

-                        Flotation planned for late 2008

SHARES worth £924,000 are being offered to investors in a pre-IPO fundraising by Moneyspider Holdings Limited, owners of investment funds performance analyst Moneyspider.com (www.moneyspider.com). The offer closes on Friday 5th October 2007.

The investment raised will be used to increase membership through enhanced website developments, marketing and advertising programmes as well as commercial partnership initiatives.

Moneyspider Holdings is a qualifying company under the government's Enterprise Investment Scheme (EIS) that allows various tax reliefs for investors who subscribe for eligible shares. These include a 20% Income Tax relief for up to £400,000 per tax year, Capital Gains Tax concessions and 100% Inheritance Tax relief after 2 years. 

Investors subscribing for shares before 6 October in a tax year may also make a claim to carry back one half of the amount subscribed to the previous tax year subject to a maximum of £50,000.

Launched in 2004, Moneyspider.com's online fund rating and reporting service provides a personalized report for each client indicating the current valuation and performance of all their funds in the same place. The reports are updated daily online and emailed to the client monthly to provide a useful performance history.

"At the core of our service is the unique, easy-to-understand rating which indicates how an investor's funds are performing," saysMoneyspider.com managing director Bill Ross.

"The personal reports have been designed to show the current value of the portfolio but also provide details on the performance of funds compared to others in the same sector, "he adds.

The Moneyspider Rating® assesses the performance of a fund compared against others in the same sector, against all 2000 or so funds, against the return of the FTSE 100 and against the return from cash.

Specific weightings are assigned to these parameters and through a series of 34 computations the scores are converted into a final rating from A (very high rating) to E (distinctly poor).

"The potential market for Moneyspider.com is gigantic - of the £459bn invested in Unit Trusts and OEICs (all ratable by Moneyspider), there are an estimated 5 million UK investors with £94 billion in ISAs and PEPs alone. So far over £40 million of funds have been registered with us," Ross comments.

"We count on a long-term stream of secure recurring income which derives from the 0.5 per cent annual servicing commission that fund managers pay intermediaries for the ongoing provision of investment information and service so that we never have to ask our clients for any payment," he says.

"Major projects for next year are the launch of our second site Fundchecker.com which provides performance details of all funds subject to a monthly fee and the proposed admission of Moneyspider Holdings Limited to AIM or PLUS.

Moneyspider.com is also considering a launch of the service in Australia, where trade marks are registered, and has already had fruitful discussions with prospective joint venture partners.

Founding shareholders have recently converted over £1 million pounds of loans into equity as a demonstration of their commitment to the business. The company currently has 3 partnership deals signed with further agreements in the pipeline.

Acting for Moneyspider Holdings Limited with regards to all fundraising matters and the sole sales agent is London-based corporate adviser Bridge Hall Stockbrockers Limited.

The business has been independently valued at £5.9million but the shares under this offer only assume a valuation of £5.5 million, a discount of 6.8%.

                                                            - Ends-

Editor's notes

Moneyspider was launched in April 2004 and is a totally independent investment research and information company for private investors. Moneyspider constantly monitors all 2,000 or so funds available to UK investors and provides online personal reports that are updated on a daily basis showing current valuation and performance of all funds in one place.

The Moneyspider Rating® provides a unique assessment of the performance of each fund measured against four key parameters:

• Sector ranking: a comparison with all other funds in the same sector as your fund (based on the sector definitions used by the Investment Management Association).
  
• All funds ranking: a comparison with all other 2000 or so Unit Trusts and Open Ended Investment Company funds available to UK investors.
  
• FTSE 100: a comparison of the total return of the fund with the total return of the FTSE 100 index (comprising the UK's 100 largest companies), providing a consistent benchmark for each fund.
  
• Cash: a comparison of the fund's performance with the return from an equivalent amount deposited in a 90 day non-high interest access account.

Moneyspider is an appointed representative of Anthony, Bryant & Company (Investment Consultants) Limited of 25 Eccleston Square, London SW1V 1NS, which is authorised and regulated by the Financial Services Authority. The contents of this press release are not intended, and should not be construed as, advice, a recommendation or as an inducement to buy or sell any investment. Moneyspider relies on information regarding investments that is provided by third parties and accepts no liability (including that arising from negligence) for the accuracy of such information.