TMA The Market Age

RNS Number:7339X
Market Age PLC
20 April 2004



The Group announces that it has agreed a loan from The Smith Trust.

The #60,000 principal plus 6% annual interest will be repayable on demand after
12 months, or earlier in the event of a significant liquidity event such as a
major new contract, and allows repayment of several short-term loans.  The net
result is new money of #30,500 for the Group.


Richard Hutchinson, Group CFO, commented: "The Smith Trust provided the original
seed funding for the Group and continues to stand behind its development.  This
facility enables the Group more flexibility to take full advantage of new
revenue opportunities and a contingency for unforeseen expenses."


For further information please contact:


Shane Smith             Shane.smith@pronetanalytics.com         +44 7785 276 703



Notes to editors:

The Market Age was admitted to the Alternative Investment Market in 2000.
Pronet Analytics.com  (PAL) is a financial application service provider ("ASP")
which delivers proprietary independent research in real time with visual and
intuitive analysis of global markets for the professional/institutional market.
The Pronet Service provides a simple framework to compare and evaluate spot FX
as well as interest rate and other exchange-traded derivatives. Since gaining
FSA-regulated status and SEC Registration in April 2001, PAL has extended its
service offering to Investment Advice, analysis and strategies to the hedge
fund, corporate and retail markets, in addition to its core professional/
institutional market.  The firm has been ranked in the global top-five
independent firms for FX research in 2001, 2002 and 2003.  In December 2003 The
Market Age announced a change of name to Independent Investment Research plc, in
preparation for coverage of a wider market including US equities


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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