SE Global Reports 73% Growth in Monthly Revenue in 2002

SE Global Equities Corp. (OTCBB: SEGB), a provider of technology and financial resources for international investors, today reported consolidated unaudited revenue of CAD$369,705 (US$236,354) for the month of July 2002, representing an increase of 31% over the previous month and 73% over the first month of 2002. Over an 11-month period following the launch of its direct-access trading software in August 2001, SE Global trading volume has grown by a monthly average of 10%. During the month of July, total asset turnover value through SE Global’s registered broker dealer subsidiary exceeded CAD$753 million (US$484 million), representing a 51% increase over the previous month. SE Global continues to diversify its global sources of revenue with over 68% of transactions originating outside of the U.S. during the month of July.

Consistent growth in trading volume and revenue is a result of increased number of accounts, expanded market share and new U.S. branch locations.

"We continue to experience strong global demand for our trading products," stated Toby Chu, President and CEO of SE Global. "As our impressive results suggest, regardless of market conditions, we continue to demonstrate the value of our global business model. In recent challenging markets and uncertain economic conditions, we have sustained consistent revenue growth and demonstrated the suitability of our trading software for international investors. With a proven track record, we are solidly positioned to capture additional market share when financial markets recover and deliver long-term value for shareholders.”

On Behalf of the Board of Directors of SE Global Equities Corp.

Toby Chu

President & Chief Executive Officer
International Head Office: 1.604.871.9909 extension 308
Asian Head Office: 852.2169.3019 extension 28