/C O R R E C T I O N — Liquidnet/

NEW YORK - In the news release, Liquidnet Announces Trading Statistics for February
2009, issued 06-Mar-2009 by Liquidnet over PR Newswire, the Feb-09 Column
under Current Month, the line titled “Total U.S. trading volume (shares in
thousands)” should read “1,188,072″ rather than “11,188,072″ and the line
titled “Average U.S. execution size in shares” should read “53,277″ rather
than “253,277″ as incorrectly transmitted by PR Newswire. The complete,
corrected release follows:

Liquidnet, the global institutional marketplace, today announced monthly
and year-to-date trading statistics for U.S. and international equities.

(All amounts in US Dollars unless otherwise specified)

Current Month* Year-to-Date*
Feb-09 Feb-08 Change Feb-09 Feb-08 Change
Total U.S.
trading
volume
(shares in
thousands)
(1) 1,188,072 1,395,859 (14.9)% 2,564,594 3,607,980 (28.9)%

Total U.S.
trading
days 19 20 (1) 39 41 (2)
day days
Average
daily U.S.
trading volume
(shares in
thousands) 62,530 69,793 (10.4)% 65,759 88,000 (25.3)%

Average daily
U.S. natural
liquidity
(shares in
thousands) 2,137,822 2,346,823 (8.9)% 2,084,656 2,473,783 (15.7)%

Average U.S.
execution
size in
shares(2) 53,277 54,602 (2.4)% 54,886 56,843 (3.4)%

Total
international
principal
traded
($USD in
thousands) $5,738,406 $5,948,497 (3.5)% $11,231,280 $16,943,138 (33.7)%

A registration statement relating to the Class A Common Stock of
Liquidnet Holdings, Inc. has been filed with the SEC, but has not yet become
effective. The Class A Common Stock of Liquidnet Holdings, Inc. may not be
sold nor may offers to buy be accepted prior to the time that the
registration statement becomes effective. This press release shall not
constitute an offer to sell or the solicitation of an offer to buy, nor shall
there be any sale of these securities in any state or jurisdiction in which
such offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or jurisdiction.

About Liquidnet

Liquidnet is the world’s institutional marketplace that facilitates
institutional equities trading for institutional investors worldwide. By
giving buy-side traders a first look at a global natural liquidity pool of
more than 9.2 billion shares ($67.9 billion in principal) per day of
liquidity on average, Liquidnet consolidates and delivers the institutional
equities market directly to the desktops of more than 573 buy-side trading
firms (for the quarter ended December 31, 2008.) Institutional investors use
the Liquidnet marketplace to enhance the quality and speed of trade
execution, gain price improvement for their trades, and, ultimately, lower
overall trading costs. Launched in 2001, Liquidnet now trades in 29 equity
markets across five continents. Liquidnet is headquartered in New York with
offices in London, Toronto, Tokyo, Hong Kong, Sydney and Singapore.
Additional company information is available online at www.liquidnet.com.

Liquidnet, Inc. is a member of FINRA/SIPC. Liquidnet Europe Limited is
regulated by the U.K. Financial Services Authority and is a member of the
London Stock Exchange. Liquidnet Canada Inc. is a member of IIROC and a
member of CIPF. Liquidnet Asia Limited is regulated by the Hong Kong
Securities and Futures Commission as a licensed dealer and a provider of
automated trading services pursuant to the Securities and Futures Ordinance
and is regulated by the Monetary Authority of Singapore as a Recognised
Market Operator. Liquidnet Japan Inc. is regulated by the Financial Services
Agency of Japan and is a member of JSDA/JIPF. Liquidnet Australia Pty Ltd. is
a licensed corporation under the Corporations Act of Australia, AFSL number
312525.

1. Consists of shares of U.S. equity securities executed in our
negotiation and Liquidnet H2O(R) ATSs and third-party execution
venues.
2. For manually negotiated trades via our negotiation product.

* Historical numbers may be subject to revision.

Source: Liquidnet

Tom Gibbons, Liquidnet Corporate Communications, +1-646-660-8067, tgibbons at liquidnet.com