LONDON, September 19 /PRNewswire/ --     Data Explorers are announcing today a new monitoring service
(http://www.dataexplorers.com/rsm) covering all stocks with short selling
restrictions recently applied by the SEC and FSA. These stocks now require
specific regulatory filings and Data Explorers will combine these with their
extensive global short side intelligence database.

Data Explorers has been providing transparency to the
Securities Lending industry for the past 6 years. The company delivers unique
data provided directly by the Securities Lending market participants. As
short selling information becomes increasingly public, Data Explorers will
integrate it with their proprietary data to provide increasing transparency
in this large and important market.

Data Explorers are the world leader in the provision of
securities lending data, with a database containing more than US$13 trillion
dollars of loans and lendable assets in over 235,000 equities and fixed
income instruments held in 22,000 funds worldwide. They complement their data
with information from a variety of sources, including publicly available
short interest positions. Their data is high quality, high frequency and a
good proxy for public short interest data, and extends to every facet of
securities lending.

The new regulations make pre-borrowing essential; Data
Explorers show the depth of borrowing inventory available for each stock.
Proprietary Data Explorers statistics, such as Utilisation*, are valuable and
timely indicators of stock lending and short selling market depth. As a
result of the new regulations, the company will be developing further
indicators to help market participants fine tune their lending programs and
assist in regulatory compliance.

Following recent financial turmoil, regulators in a number of
countries have announced strict new rules governing short selling of
equities.

In the US, there is an outright ban on naked short selling
across all US listed securities. Covered short selling has been banned for
799 financial stocks. The reporting requirement for short positions has been
changed from a fortnightly snapshot to a weekly disclosure of daily
positions.

In the UK, there is a four-month outright ban on all short
selling in 29 named financial stocks. This ban extends to 'related'
securities including structured OTC positions and spread bets.

Similar restrictions have been announced in Switzerland,
Australia, Ireland and Russia. Other countries are likely to announce their
own changes in regulations.

Notes to Editors:

About Data Explorers

Data Explorers is a privately owned financial data and
software company headquartered in London. The company provides financial
benchmarking information to the Securities Financing Industry and short-side
intelligence to the Investment Management community.

Data Explorers offers access to proprietary data for the
quantitative measurement of securities lending, performance and risk.
Additionally Data Explorers provides short side intelligence, based on stock
lending data, to Hedge Funds and Investment Managers.

The company is based in New York and London and collects data
from market participants including Lenders, Beneficial Owners, Custodian
Banks, Broker Dealers and buy-side Borrowers.

*Utilisation: this is the value of the stock actually on loan
as a proportion of the stock that is available to borrow. Stocks are borrowed
for a number of reasons although short selling is the main element.

Contacts:

    London
    Jessica Johnson
    +44(0)207-264-7615
    jessica.johnson@dataexplorers.com

    United States
    Will Duff Gordon
    +1-212-7102210 Ext 375
    wdg@dataexplorers.com

    Kenneth Read
    +1-212-710-2210 Ext 379
    kenneth.read@dataexplorers.com