Business Services Industry

ASX links with InfoComp to distribute hub.

Australasian Business Intelligence, August, 2002

Aug 13, 2002 (Money Management

ABIX via COMTEX) -- The Australian Stock Exchange (ASX) has taken a further step towards the launch of FundConnect. The ASX has entered into an agreement with InfoComp, a software provider to fund administrator, to investigate how customers of InfoComp can access FundConnect, a processing service for fund managers, through InfoComp's Composer software. The ASX is hoping to have FundConnect operational by early 2003. The ASX is in competition with Ausmaq and InvestmentLink, who are planning to launch similar processing services for fund managers.

Publication Date: 8 August 2002

AUSTRALIAN STOCK EXCHANGE LIMITED -

ASX ASX:

INFOCOMP:

AUSTRALIAN MARKET AUTOMATED

QUOTATION SYSTEM...

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