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Margaret Kirch Cohenmargaret.cohen@morningstar.com
Morningstar Launches Web Information Services in the Netherlands and Italy

CHICAGO, May 01, 2001 – Morningstar, Inc., a leading provider of investment information and analytical tools, today announced that Morningstar Europe has launched a free Web-based information service in the Netherlands and Italy. Italian investors will have access to information on nearly 3,400 mutual funds at http://www.morningstar.it, and Dutch investors will have access to information on more than 900 mutual funds at http://www.morningstar.nl

Morningstar content includes Morningstar's holdings-based portfolio analysis, total returns, and the Morningstar Rating™ and Morningstar® Style Box™. A team of fund analysts and Web experts will populate the site with real-time news, feature stories, and unbiased data that will give investors a wealth of information on funds to help them make better decisions.

Joe Mansueto, chairman and CEO of Morningstar, said, "Morningstar is a well-recognized and respected brand in Europe and we are expanding our presence there at a rapid pace. We have entered into agreements with several high-profile media and financial companies in the Netherlands and in Italy and look forward to bringing investment information to investors in those markets." 

"Our goal is to offer comprehensive coverage of mutual funds available for purchase in Western Europe," said Hans Fjarem, CEO of Morningstar Europe. "Morningstar launched its first European investment information site in the U.K. in March, and our launches in the Netherlands and in Italy follow our success in England."

Morningstar opened its European headquarters operations in London in April 2000. The company employs about 50 people in Europe and expects to launch Web sites in Germany and Spain this summer.

About Morningstar, Inc.
Chicago-based Morningstar, Inc. is an independent provider of investment information and analytical tools. Morningstar.com is listed among the top investing sites by publications such as The Wall Street Journal, Barron's, SmartMoney, Money, and Worth. The company provides investment information for a number of leading Web sites, including Microsoft MoneyCentral, Quicken.com, America Online, and Yahoo! Finance.

Morningstar is a global company with nearly 800 employees in the United States, Japan, Canada, Australia, New Zealand, Europe and Asia. The company collects, validates, and publishes information on more than 50,000 investment products worldwide.

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