EWEB Global X Emerging Markets Internet and E Commerce ETF

Euroweb International Corp. (Euroweb) (Nasdaq:EWEB) is proud to announce that its subsidiary, Euroweb Romania, was awarded "Best ISP of the Year 2005" at the annual Bucharest Business Week IT & Telecom Conference. During the annual IT & Telecom conference, organized at the Howard Johnson Grand Plaza Hotel in Bucharest last week, Euroweb Romania received the award for "Best Internet Service Provider of the Year 2005" presented by Mr. Varujan Pambuccian, President of the Information Technology and Communications Committee in the Chamber of Deputies. During the same conference, Mr. Zsolt Nagy, Minister of Communications and Internet Technology was awarded as "IT&C Personality of the Year", and Siveco as "Best IT&C Company of the Year". Csaba Toro, Chief Executive Officer of Euroweb International Corp., commented, "We are honored to receive such a feedback from the community. This award adds to growing public recognition of Euroweb as a leading provider of Internet and Communications services which offer value, flexibility, and performance required by the business communities in Romania. " For more information about the Company go to: www.euroweb-international.com. About Euroweb Euroweb International owns and operates Internet Services Providers and value added services in Hungary and Romania through its wholly owned subsidiaries Euroweb Hungary Rt. and Euroweb Romania S.A. Euroweb's common stock is traded on the Nasdaq SmallCap Market under the symbol "EWEB". "SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 This press release contains forward-looking statements that involve risks and uncertainties. The statements in this Release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause Euroweb International Corp's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.