THE SECURITIES  REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES
ACT OF 1933,  AS AMENDED  (THE "ACT"),  OR UNDER STATE  SECURITIES  LAWS.  THESE
SECURITIES ARE SUBJECT TO RESTRICTIONS ON TRANSFERABILITY AND RESALE AND MAY NOT
BE  TRANSFERRED  OR RESOLD EXCEPT AS PERMITTED  UNDER THE ACT AND THE APPLICABLE
STATE  SECURITIES  LAWS,  PURSUANT  TO  REGISTRATION  OR  EXEMPTION   THEREFROM.
INVESTORS  SHOULD BE AWARE THAT THEY MAY BE REQUIRED TO BEAR THE FINANCIAL RISKS
OF THIS  INVESTMENT  FOR AN  INDEFINITE  PERIOD  OF TIME.  THE  ISSUER  OF THESE
SECURITIES MAY REQUIRE AN OPINION OF COUNSEL IN FORM AND SUBSTANCE  SATISFACTORY
TO THE  ISSUER  TO THE  EFFECT  THAT  ANY  PROPOSED  TRANSFER  OR  RESALE  IS IN
COMPLIANCE WITH THE ACT AND ANY APPLICABLE STATE SECURITIES LAWS.


                           CONVERTIBLE PROMISSORY NOTE
                           ---------------------------

September 5, 2002                                                     $12,000.00

         1. PROMISSORY  NOTE.  Subject to all the following terms and conditions
set forth in this  Promissory  Note (this  "Note"),  FinancialContent,  Inc.,  a
Delaware  corporation  (the "Company"),  for value received,  promises to pay to
Asia Pacific Ventures, (the "Holder"), in accordance with the provisions hereof,
on November 30, 2002 (the  "Maturity  Date"),  the  principal  amount of (Twelve
Thousand  Dollars)  ($12,000.00),  plus interest as set forth in Section 2 below
accrued on such unpaid and principal amount from time to time outstanding  until
paid.

         2.  INTEREST.  Interest  under  this Note  shall  accrue at the rate of
12.00% per annum,  compounded annually,  from the date of such Note on principal
actually  and  physically  advanced  to the  Company  until  paid in full.  Such
interest shall only be payable upon the repayment of all principal due hereunder
or as otherwise specified herein.

         3.  SECURITY  AGREEMENT.  The  payment  of this note is  secured by the
Security  Agreement  dated  December  13, 2001 from the Company to Asia  Pacific
Ventures  granting  a  security  interest  in  and to  the  following  described
property: accounts receivable,  inventory,  machinery,  equipment,  goodwill and
furniture,  together with all other property  described in or referred to in the
Security Agreement.

         4. ACCELERATION. Notwithstanding the provisions contained in this Note,
the entire  amount of  principal  advanced  to the  Company  under this Note and
remaining  unpaid or unconverted,  plus all unpaid interest on unpaid  principal
under this Note,  shall  immediately be due and payable upon an Event of Default
(as hereinafter defined).

         5. OPTIONAL CONVERSION.

            5.1. Conversion.

            (a) Optional  Conversion.  If upon the Maturity  Date the unpaid and
outstanding  principal and accrued  interest  underlying  this Note has not been
paid in full to the  Holder,  the then  unpaid  and  outstanding  principal  and



<PAGE>

accrued interest  underlying this Note shall be converted,  at the option of the
Holder,  to fully  paid and  nonassessable  shares of the  Company's  restricted
common stock ("Common  Stock") at the price of $0.10 per share (the  "Conversion
Rate").

            5.2. Fractional Shares. No fractional shares of the Company's Common
Stock shall be issued upon  conversion of this Note.  In lieu of any  fractional
shares to which the Holder would otherwise be entitled,  the Company shall round
up any fractional shares to whole shares.

            5.3. Mechanics of Conversion. Notice of election to Convert shall be
given by the Holder of this Note by mail,  postage  pre-paid,  to the Company at
the  principal  offices of the  Company,  and along  therewith  the Holder shall
surrender this Note, duly endorsed. At its expense, the Company shall, upon such
notice or as soon as practicable thereafter, issue and deliver to such Holder at
its principal  office, a certificate or certificates for the number of shares of
Common Stock to which such Holder  shall be entitled  upon such  conversion  (in
each case  bearing  such  legends  as may be  required  by this  Agreement,  the
applicable  agreements governing the sale of the restricted stock and applicable
state  and  federal  securities  laws in the  opinion  of legal  counsel  of the
Company).  Upon Conversion,  whether or not the Holder of this Note has properly
surrendered it as described  above,  the Company shall be forever  released from
its obligation to pay the principal or interest amount of this Note so converted
and its sole  obligation  shall be to issue such  shares of Common  Stock,  upon
valid surrender by the Holder of this Note.

            5.4. Other Documents.  The Holder shall be entitled to and agrees to
enter into or execute  such  documents  upon the  Conversion  as the Company may
request,  and to meet the  reasonable  conditions  and be  subject  to the terms
applicable to such other investors, provided that the Holder agrees hereby to be
bound by and subject to all terms applicable to such investors in such documents
even if the Holder  fails to enter into or execute  such  documents  as required
hereunder.

         6. EVENTS OF DEFAULT.  If any of the following events shall occur (each
herein  individually  referred to as an "Event of  Default"),  the Company shall
immediately  provide  notice thereof to the Holder of this Note, who may declare
the entire unpaid  principal and accrued  interest on this Note  immediately due
and payable,  by written notice to the Company effective upon dispatch (provided
that upon the  occurrence of an event  described in subsection 5.1 or 5.2 below,
the entire unpaid principal and accrued interest on this Note shall  immediately
become due and payable), without any other presentment, demand, protest or other
notice of any kind or  character,  all of which  are  hereby  expressly  waived,
anything herein to the contrary notwithstanding:

            6.1. The institution by the Company of proceedings to be adjudicated
bankrupt or  insolvent,  or the consent by it to  institution  of  bankruptcy or
insolvency proceedings against it or the filing by it of a petition or answer or
consent seeking  reorganization or release under the Federal Bankruptcy Code, or
any other  similar  federal or state law,  or the consent by it to the filing of
any such  petition  or the  appointment  of a  receiver,  liquidator,  assignee,
trustee,  or other similar official,  of the Company, or of any substantial part
of its  property,  or the  making  by it of an  assignment  for the  benefit  of
creditors,  or the  admission by it in writing of its inability to pay its debts
generally as they become due or the taking of corporate action by the Company in
furtherance of any such actions; or

                                       2
<PAGE>

            6.2. If, within sixty (60) days after the  commencement of an action
against  the  Company  seeking  any  bankruptcy,   insolvency,   reorganization,
liquidation,  dissolution or similar relief under any present or future statute,
law or  regulation,  such action shall not have been  dismissed or all orders or
proceedings  thereunder  affecting the operations or the business of the Company
stayed,  or if the stay of any such order or proceeding  shall thereafter be set
aside, or if, within sixty (60) days after the  appointment  without the consent
or  acquiescence  of the Company of any trustee,  receiver or  liquidator of the
Company or of all or any substantial part of the properties of the Company, such
appointment shall not have been vacated; or

            6.3.  The Company  shall have  defaulted  in payment of principal or
interest  under this Note and such  default  shall have  continued  for ten days
following written notice thereof from the Holder.

         7. FULLY PAID  SHARES;  RESERVATION.  All shares of Common Stock issued
upon the  conversion  of this  Note  shall be  validly  issued,  fully  paid and
nonassessable,  and free of liens. The Company has taken all necessary corporate
action  necessary to authorize  the issuance of this Note,  the shares of Common
Stock initially  issuable upon  conversion  hereof and covenants that it will at
all times reserve and keep  available,  solely for issuance  upon  conversion of
this  Note,  all  shares of its Common  Stock  from time to time  issuable  upon
conversion of this Note.  If at any time the number of  authorized  but unissued
shares of Common Stock shall not be sufficient to effect the  conversion of this
Note, then the Company will take such corporate action as may, in the opinion of
its counsel,  be necessary to increase  its  authorized  but unissued  shares of
Common Stock to such number of shares as shall be sufficient for such purpose.

         8. REPRESENTATIONS. The Company hereby represents and warrants that:

            8.1.  Organization  and Good Standing.  The Company is a corporation
duly  organized,  validly  existing and in good  standing  under the laws of the
State of Delaware.

            8.2. Due Authorization,  Execution and Enforceability. The execution
and delivery by the Company of and the performance of its obligations under this
Note have been duly authorized by all necessary  corporate action on the part of
the Company and this Note has been duly and validly  executed  and  delivered by
the  Company  and  constitutes  a valid and  binding  agreement  of the  Company
enforceable in accordance with its terms.

            8.3. No Default or  Conflicts.  The  execution  and delivery of this
Note by the Company and the performance by the Company of its obligations  under
this Note do not and will not  conflict  with or result in a violation or breach
of, or require any consent,  approval,  authorization  or order  under,  (i) any
applicable law, statute, rule or regulation, judgment, injunction, order, decree
or agreement or (ii) the certificate of incorporation or bylaws of the Company.

         9. NO  RIGHTS  OR  LIABILITIES  AS  STOCKHOLDER.  This Note does not by
itself  entitle the Holder to any voting rights or other rights as a stockholder
of the Company. In the absence of conversion of this Note, no provisions of this
Note, and no enumeration  herein of the rights or privileges of the Holder shall
cause such Holder to be a stockholder of the Company for any purpose.

                                       3
<PAGE>

         10.  RESTRICTIONS ON TRANSFER.  Holder  acknowledges that this Note and
the Common  Stock  issuable  upon its  conversion  have not been  registered  or
qualified  under federal or state  securities laws and that any shares of Common
Stock  issuable upon the  conversion of this Note shall bear a legend similar to
the one at the top of the first page of this Note.  By  acceptance of this Note,
the registered  Holder (a) represents  that the registered  Holder is purchasing
this Note for its own account and not with a view to, or for sale in  connection
with, any  distribution of this Note or the securities  issuable upon conversion
of this Note and (b) affirms that it is an "accredited investor" as such term is
defined under  Regulation D  promulgated  under the  Securities  Act of 1933, as
amended.

         11. AMENDMENT;  WAIVER.  Any term of this Note may be amended,  and the
observance  of any term of this Note may be  waived  (either  generally  or in a
particular  instance and either  retroactively or  prospectively) by the written
consent of the Company  and the  Holder.  Any  amendment  or waiver  effected in
accordance  with the previous  sentence shall be binding upon each future holder
or transferee  of this Note (or part  thereof) and the Company.  The Company and
all endorsers  and  guarantors  of this Note hereby waive  presentment,  demand,
protest,  notice of  dishonor,  notice of  non-payment,  notice of maturity  and
notice of protest for  nonpayment  of this Note and consent to any  extension or
postponement of the time of payment or any other indulgence.

         12.  ASSIGNMENT.  This Note may not be assigned or  transferred  by the
Holder without the prior written consent of the Company.

         13.  SUCCESSORS  AND  ASSIGNS.  Subject to Section  11, all  covenants,
agreements and  undertakings  in this Note by or on behalf of any of the parties
shall bind and inure to the benefit of the respective  successors and assigns of
the parties whether so expressed or not.

         14.  TREATMENT OF NOTE. To the extent  permitted by generally  accepted
accounting  principles,  the Company will treat,  account and report the Note as
debt and not equity for  accounting  purposes  and with  respect to any  returns
filed with federal, state or local tax authorities.

         15. HEADINGS. The headings in this Note are for purposes of convenience
of reference only, and shall not be used to interpret this Note.

         16. NOTICES.  Any notice,  request or other  communication  required or
permitted  hereunder  must be given in writing  and shall be deemed to have been
duly given when personally delivered or when deposited in the United States mail
by  registered  or  certified  mail,  postage  prepaid or sent via a  nationally
recognized  overnight  courier  service  to the  Company  or the Holder at their
respective addresses set forth below:

                                       4
<PAGE>
                  To the Company:

                  FinancialContent, Inc.
                  400 Oyster Point Boulevard, Suite 435
                  South San Francisco, CA 94080
                  Attn: Wing Yu, CEO
                  Fax: 650-745-2677

                  To the Holder:

                  Asia Pacific Ventures
                  Suite 1-3 16th Floor
                  Kinwick Centre
                  32 Hollywood Road
                  Central Hong Kong, Hong Kong

The Company or Holder may each by written notice so given change its address for
future notices hereunder.

         17.  GOVERNING  LAW;  JURISDICTION.  This Note shall be  construed  and
enforced in accordance  with, and governed by, the internal laws of the State of
California, excluding that body of law applicable to conflicts of law.

         18. ATTORNEYS' FEES. The parties hereto shall pay their own legal fees.
If action is brought to enforce  the  provisions  of this Note,  the  prevailing
party shall be entitled to recover its reasonable costs and expenses,  including
legal fees and disbursements of counsel.

         19. TERMS BINDING.  By execution  hereof,  the Holder of this Note (and
each  subsequent  holder of this Note) accepts and agrees to be bound by all the
terms and conditions of this Note.

         20.  SEVERABILITY.  In the event any one or more of the  provisions  of
this Note shall for any reason be held to be invalid,  illegal or unenforceable,
in whole or in part or in any  respect,  or in the event that any one or more of
the provisions of this Note operate or would prospectively operate to invalidate
this Note, then and in any such event,  such  provision(s)  only shall be deemed
null and void and shall not  affect  any  other  provision  of this Note and the
remaining  provisions of this Note shall remain  operative and in full force and
effect and in no way shall be affected, prejudiced or disturbed thereby.

         21. ENTIRE  AGREEMENT.  This Note  constitutes  and contains the entire
agreement  of the  parties  and  supersedes  any  and  all  prior  negotiations,
correspondence,  understandings,  agreements,  duties or obligations between the
parties respecting the subject matter hereof.

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                                       5
<PAGE>



         IN WITNESS  WHEREOF,  the parties have entered into this Note as of the
date first written above.

                                    FINANCIALCONTENT, INC.
                                    a Delaware corporation


                                    By:      /s/ Wing Yu
                                             ----------------------------
                                    Name:        Wing Yu
                                    Title:       Chief Executive Officer


                                    ASIA PACIFIC VENTURES


                                    By:
                                             ----------------------------
                                    Name:
                                    Title:



                                       6