Data Broadcasting Corporation Confirms Filing of Registration Statement for Initial Public Offering.

JACKSON, Wyo.--(BUSINESS WIRE)--Oct. 13, 1998--Data Broadcasting Corporation (Nasdaq: DBCC) today confirmed that MarketWatch.com LLC, its 50 percent-owned joint venture has filed a registration statement with the Securities and Exchange Commission for an initial public offering of Common Stock.

Although the registration statement has been filed, it has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time 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 in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities law of any such state.

Data Broadcasting Corporation is a leading provider of real-time market data to the individual trader and investor. The company delivers real-time stock quotes, financial and sports news to 2,000,000 users via PCs, wireless FM, cable, satellite and the Internet (http://www.dbc.com and http://cbs.marketwatch.com). With its Capital Management Sciences division, Data Broadcasting also is the leading provider of fixed-income portfolio analytics used for valuation and risk management purposes.

Matters discussed in this release include forward-looking statements that involve risks and uncertainties, and actual results may be materially different. Factors that could cause actual results to differ include the ability of the company to broaden its subscriber base with less expensive but valuable services, acceptance of the Internet as a valid real-time distribution platform by institutional customers, activity levels in the securities markets and other risk factors listed in the company's 10-K and 10-Q reports to the Securities and Exchange Commission.