London, February 12, 2003 - FT Interactive Data, the major operating division of Interactive Data Corporation (NYSE: IDC) and a leading supplier of financial information and analytical software to global markets, will contribute to the debate on the use of independent fair value prices in fund valuation at the Euromoney Bond Investors Congress 2003.

The increased emphasis being placed on bond investments in general and the search for greater yield in particular is driving demand for more reliable and accurate pricing valuations. Industry experts acknowledge that it is more critical than ever for fund managers to ensure the use of independent fair value prices when there is doubt about a last traded price no longer representing current value. In a presentation on 'The portfolio valuation debate – a discussion of mark-to-market working practices', FT Interactive Data puts the importance of price transparency and accuracy in valuing fixed income securities under scrutiny.

Presenting the case will be Roger Turner, a partner within PricewaterhouseCoopers Financial Services Regulatory Practice, who will explain how regulatory changes are likely to affect fund managers and fund accountants in Europe, and Ian Blance, FT Interactive Data's VP of evaluation services, who will give examples of working within SEC guidelines to produce solutions for US fund managers as regulatory guidelines in the US became more stringent.

FT Interactive Data is a co-sponsor of the Euromoney Bond Investors Congress 2003, to be held on 18-19 February at the Queen Elizabeth II Conference Centre, London and will present two workshops on Tuesday 18 February at 12.10pm. In the second presentation, Lou Gehring, senior VP and product manager of BondEdge from FT Interactive Data, will discuss 'Applications of credit spreads in portfolio analytics'.

For further information please contact:
Sue Mitchell, FT Interactive Data
Tel: +44 (0) 20 7825 8076 Email: sue.mitchell@ftid.com

About FT Interactive Data
FT Interactive Data (www.FTInteractiveData.com) is a leading provider of financial information and analytical software to global markets. FT Interactive Data supplies global securities pricing, dividend, corporate action and descriptive information for over 3.5 million securities, including more than 2.5 million fixed income issues. The company also provides index and constituent data to the international investment community.

Through BondEdge®, FT Interactive Data is a recognised leader in fixed income portfolio analytical software, independent research and valuation tools.

FT Interactive Data is the major operating division of Interactive Data Corporation, (NYSE: IDC) (www.InteractiveDataCorp.com) a leading global provider of financial and business information to institutional and individual investors. Headquartered in Bedford, Massachusetts, Interactive Data Corporation has approximately 1,600 employees in offices throughout the world.

Interactive Data Corporation is approximately 60 percent owned by Pearson plc and included within its Financial Times Group. Other Financial Times Group companies include the Financial Times newspaper, FT.com and Financial Times Business. Pearson plc is an international media company with market leading businesses in education, business information and consumer publishing.

For further information please see: www.FTInteractiveData.com