Currenex appoints new Chairman

Currenex, Inc.

April, 2003

Currenex, Inc., the online global currency trading platform, announced that it has named Clifford Lewis, Chairman and CEO. The company also announced that it has received a final round of financing from TH Lee Putnam Ventures and the Royal Dutch/Shell Group of Companies (Shell) and has moved its headquarters to New York City.
Clifford Lewis,<br>Chairman and CEO
Currenex will use the additional funds to enhance and extend its trading services to continue to meet the needs of its members globally. Many of Currenex's customers now trade close to 100% of their FX and loan and deposit trades through the FXtrades service. As a result, Currenex trading volumes continue to increase quarter-to-quarter and its actively trading member base boasts many of the largest participants in the FX market.