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TERRA NOVA TRADING KEY WEST 2003 / JAN. 20-24

Aug. 1, 2002 For Immediate Release

Forecast Calls for Another Sensational Key West Regatta
- Terra Nova Trading Returns in Title Sponsor Role

KEY WEST, Fla.---Numbers don't lie. Consecutive years of more than 320 entrants point to big numbers and superb competition at Terra Nova Trading Key West 2003 Jan. 20-24.

The remarkable turnout earlier this year on the heels of the devastating 9/11 tragedy suggests that the 350-boat limit will need enforcing. Many of the world's best sailors will be returning to America's southernmost point at the tip of the Florida Keys.

The event traditionally features familiar and formidable personalities performing with the latest designs and technology. Top tier professional race management and another shoreside extravaganza is guaranteed with the electronic trading leader Terra Nova Trading returning as title sponsor to North America's largest inshore sailing event.

Terra Nova Trading, L.L.C. (member NASD, SIPC & PCX), is recognized as an innovative leader in Electronic Direct Access Trading. The Chicago-based firm enables customers to electronically route orders to major markets and ECNs. Terra Nova Trading's technology partner, Townsend Analytics, Ltd., is the developer of the premier real-time trading platform, RealTick®, which is also a Key West sponsor. RealTick® caters to both institutional and retail brokerage clients.

"From our perspective as title sponsor and participant last January, the event met or exceeded all of our expectations and built on its reputation as the best regatta in the U.S.", said Chris Doubek, president of Terra Nova Trading. "A commitment to success and team effort are hallmarks for Terra Nova Trading, Premiere Racing and this internationally renowned event."

Early indicators suggest strong coast-to-coast representation plus a heavy global presence. The last event drew a record 54
foreign boats from 14 countries.

The owner-driven Farr 40 and Mumm 30 classes are expecting greater than normal turnouts with their respective world championships on North America's East Coast waters later this fall. One-design racing isn't the only game in Key West, however. The venue also offers the ideal test track for IMS and PHRF designs. More than 100 PHRF boats battled in nine closely contested classes last year.

Event manager Premiere Racing, Inc. is pleased to announce returning sponsors Mount Gay Rum, RealTick®, Lewmar Marine, Samson Rope, Pearson Yachts, the Florida Keys & Key West Tourist Development Council, and the Historic Seaport at the Key West Bight. The Performance Sailing Industry Partner Program, a new initiative last year, will again feature industry leaders who have made multi-year commitments to a regatta that is an important event on the industry calendar.

"Support from our sponsors and partners play a critical role in enabling Premiere Racing to produce an event with standards that match the competition on the water", said Peter Craig, race chairman and event director. "With the continued participation of Terra Nova Trading, our sponsors and industry partners, we can continue our commitment to set the standard that makes Key West the number one choice for racing sailors everywhere."

Racing at Terra Nova Trading Key West 2003 is scheduled Monday through Friday, Jan. 20-24, with registration on Sunday, Jan. 19. The regatta is open to entries in PHRF, One Design and IMS classes of 24 to 85 feet LOA. PHRF entries must have a rating of 175 or lower. The entry limit is 350, and the deadline is Dec. 11 at 1700 EST.

For more information, contact: PREMIERE RACING, Inc., 67B Front Street, Marblehead, MA, 01945, Tel: (781) 639-9545, Fax: (781) 639-9171

Event Email: KWInfo@Premiere-Racing.com
Event Web Site: www.Premiere-Racing.com

Terra Nova Online: www.TerraNovaOnline.com

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