As of March 31, 2004     BOARD OF DIRECTORS Charles V. Doherty1,2,3,4 Chairman of the Board Thomas M. Joyce Chief Executive Officer & President William L. Bolster2,4 Independent Consultant Gary R. Griffith3,4 Independent Consultant Robert M. Lazarowitz2,4 Co-Founder & Former Executive Vice President, Knight Trading Group, Inc. Thomas C. Lockburner4 Independent Consultant Bruce R. McMaken3,4 Senior Vice President & Managing Director of Corporate Finance, Sanders Morris Harris, Inc. Rodger O. Riney2,4 President, Scottrade, Inc. 1 Non-Executive 2 Member of Compensation Committee 3 Member of Finance and Audit Committee 4 Member of Nominating and    Corporate Governance Committee    MANAGEMENT TEAM Thomas M. Joyce* Chief Executive Officer & President BUSINESS SEGMENTS Equity Markets    Gregory C. Voetsch*    Sales & Trading    Mony Rueven    Electronic Trading Derivative Markets    Peter A. Santoro    Trading & Risk Management Asset Management    Colin Smith    Deephaven Capital Management DISCIPLINES John H. Bluher* Legal, Compliance & Risk Management John B. Howard* Accounting & Finance Derek N. Stein* Human Resources, Operations, Service & Technology Margaret E. Wyrwas Corporate Communication & Investor Relations *  These executive officers are required under Section 16(a) of the Exchange Act to file reports of ownership and changes in ownership on Forms 3, 4 and 5 with the Securities and Exchange Commission ("SEC") and the Nasdaq Stock Market. Further detail is available in Knight Trading Group, Inc.'s 2003 proxy filing with the SEC, also located on our Web site at www.knighttradinggroup.com.