BEDFORD, Mass.--(BUSINESS WIRE)--July 31, 2001--FT Interactive Data, the major operating division of Interactive Data Corporation (Nasdaq: IDCO), today announces the addition of daily pricing and related data for approximately 24,000 Long-Term, Taxable Certificates of Deposit. This enhancement to FT Interactive Data's Fixed Income Data Service will be effective September 1, 2001.

"This new service will directly benefit the 420 sell-side New York Stock Exchange (NYSE) member firms impacted by the NYSE Rule 409(a). Previously, Long-Term Certificates of Deposit could be valued at par; however, with the new rule in place, member firms are required to assign market values to customer statements," said Ian Blance, FT Interactive Data's Vice President of Fixed Income Data Services. "Our enhanced service is unique in the marketplace. First, we will be pricing the entire universe of approximately 24,000 issues. Second, we will be offering descriptive data including call and step-up schedules. No other vendor has both the coverage and schedules being offered by FT Interactive Data," he continued.

Buy-side firms and sell-side firms, that are non-members of the NYSE, will also be able to benefit from the service. "Any firm that needs daily, weekly, or monthly valuations of Long-Term, Taxable Certificates of Deposit will be able to use this data," Blance added. In addition to current valuations and descriptive data, FT Interactive Data will store the data to create historical records that can be used for research and audit purposes.

Another benefit to the industry is the fact that this data can be delivered through existing FT Interactive Data online and "bulk" delivery methods. This means that current clients using FT Interactive Data's delivery products do not need to program in order to receive Long-Term, Taxable Certificate of Deposit data.

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 active fixed income issues. The company also provides index and constituent data to the international investment community.

Through CMS BondEdge - an affiliate of FT Interactive Data - the company 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 (Nasdaq: IDCO, 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 majority owned by Pearson plc and included within its Financial Times Group. Other Financial Times Group companies include the Financial Times newspaper, FT.com, FTMarketWatch.com and Financial Times Business. Pearson plc is an international media company with market leading businesses in education, business information and consumer publishing.