AB Watley Direct to Exhibit at 2nd Annual Las Vegas Traders Expo; AB Watley to Highlight Product and Service Features to Traders and Industry Attendees.

NEW YORK -- AB Watley Direct, Inc., a subsidiary of AB Watley Group, Inc. (OTC BB: ABWG.OB), today announced its plan to exhibit at The Second Annual Las Vegas Traders Expo from November 18-21, 2004. Gary Mednick, president of AB Watley Direct, and Robert Malin, president of AB Watley Group, will answer questions and interact with clients, prospects and other attendees at the company's booths, number 114 and 116, in the exhibit hall at Mandalay Bay Resort and Casino in Las Vegas, Nevada. E[acute accent]"AB Watley Direct's superior transaction speed, personalized customer support, and order routing and execution capabilities are among the features that give AB Watley products their competitive edge in the marketplace," said Mednick. "Demonstrating the qualities and specifications that convince some of the industry's most active traders to choose AB Watley's UltimateTrader Platform is one of our top priorities at the show." E[acute accent]Among the AB Watley advantages that Malin and Mednick will highlight are:

E[acute accent]--Ability to trade an unlimited number of shares, including bulletin board and pink sheet stocks, for as low as $7.99.

E[acute accent]--Complete control over executions by routing orders using direct connections to NITE, SCHB, CRWN, GVRC, BAMM, TRIMARK, ARCA/GNET, INET, BRUT, NYSE, AMEX, and Regional Exchanges, among others.

E[acute accent]--Use of cash for low-priced stock trades as many times each day as needed.

E[acute accent]--Margin leverage to buy or short-sell margin eligible/borrowable low-priced stocks, including stocks trading at $2 and up.

E[acute accent]--Pre- and post-market trading with all major ECNs.

E[acute accent]--Real-time Level II and Pink Sheet Level II and charts for stocks, including and Options quotations.

E[acute accent]--Trade Pink Sheet stocks electronically.

E[acute accent]--Direct-access, professional software to trade equities, options, futures and currencies.

E[acute accent]--Special order types including trailing stop orders on the software and web products, conditional orders, reserve or hidden orders, proactive orders, incremental pegging and bumping.

E[acute accent]--Place orders with as little as one mouse click or hotkey.

E[acute accent]--Choice from multiple, powerful and reliable platforms via direct access or web.

E[acute accent]--Experienced and responsive full-service customer support team.

E[acute accent]--Account holders receive a FREE real-time trading system.

E[acute accent]--Automatic execution of NASDAQ and OTCBB stocks up to 5000 shares through a market maker.

E[acute accent]About AB Watley Direct, Inc.

E[acute accent]AB Watley Direct, Inc. is a New York-based, NASD and SIPC member, broker/dealer founded in 1986. The firm is a service-oriented leader in the electronic trading field. Its goal is to provide the highest level of service in the industry at the lowest possible cost. AB Watley takes great pride in its trader support and attention to technology by offering multiple platforms suited to individual trader needs.

E[acute accent]About AB Watley Group Inc.

E[acute accent]AB Watley Group Inc. (Ticker Symbol "ABWG.OB") is a publicly held financial services holding company. The Company conducts its core business through its subsidiary AB Watley Direct, Inc., a U.S. registered broker-dealer that provides online trading and direct access trading services for retail and institutional clients. AB Watley Group provides direct access software and facilities to each of its divisions (online, retail and institutional). The Company's main focus is supporting its brokerage units' initiatives.

E[acute accent]Statements contained in this release, which are not historical facts, may be considered "forward-looking statements" and are based on current expectations and the current economic environment. We caution the reader that such forward-looking statements are not guarantees of future performance. Unknown risk, uncertainties, as well as other uncontrollable or unknown factors could cause actual results to materially differ from the result, performance, or expectations expressed or implied by such forward-looking statements.