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• WorldBE.com - Offers a professional free banner exchange with various exchange ratios, depending on your Web site's banner performance. The top 50% of participating sites will receive a ratio of 1:1. Features at WorldBE.com include: unlimited banners/sites, online statistics, category and country targeting and much more. Beginners and also advanced users will find this service very useful.

• Impressionz UK - A superb free banner exchange service for the UK. Impressionz UK initially provides their members with 2500 free banner impressions under a 6:10 exchange ratio. A small "Impressions UK" advert is tagged on to each banner to promote their service, however, this is by no means obtrusive. 468x60, 120x60 and 120x600 pixel banners are supported here (GIF, JPEG and Flash enabled).
  > Members may earn 1000 impression credits for each new account that's referred to the network. 
  > 50 additional impression credits are awarded per banner click thru.

• HitExchange - A popular free banner exchange network offering a 5:4 exchange ratio and a choice of three banner sizes: 400x40, 400x50 and the most popular, 468x60. HitExchange allows you to target specific types of Web sites to maximize the number of visitors clicking in to your site. Along with this, they provide IP and URL referrer tracking via a simple online control panel.

• United Banners - Here's a free banner exchange service for Webmasters. United Banners offer a 2:1 exchange ratio, where for every two banners you display on your site, one of your own will be displayed on another member site. Along with this, 7 popular banner sizes are supported, plus they include 500 free banner credits simply for joining (registering is straight-forward process).

• Link Buddies - This is one of the most popular and versatile free banner exchange services on the Web. Link Buddies attaches no ugly promotional "tags" on your banners unlike many similar services do, and they'll also give you the chance to earn extra impressions by referring other members to the scheme. New members receive 500 free impressions just for joining and a fair rotation ratio of 1:1.
  > A veteran free banner exchange service, Link Buddies has been online since 1997.
  > A wizard-based banner creator is provided here absolutely free of charge (ideal for newbies).

• UKBanners.com - Currently the largest UK banner exchange network serving over 8 million impressions a month. Each new account receives 100 free impressions plus, they offer a 5:4 banner exchange ratio, meaning for every 5 banners you show, your banner will get shown 4 times across the network. Their sister site, UKButtons.com offers a banner exchange for smaller sized adverts.

• Banner Files - Looking to promote your Web site? Banner Files provides free banner management software with a range of nifty features, such as "Campaigns Management", "Advertiser and Publishers Management", Detail Reports, Applets and much more besides. Their "free" package is hosted remotely and advert-based. To request the software, you must first e-mail them.

• Exchange-It - Very good banner exchange service that delivers impressions on time, every time. Although this service operates as a "banner exchange", should the need arise, you may purchase extra impressions. Real-time click stats are recorded accurately plus members can earn bonus credits when somebody clicks on an active banner. We've found it to be a reliable and solid service.

• Free Banner Swap - Looking to increase your site's traffic? This classy free service allows you to advertise your site by exchanging banner adverts. The exchange ratio here is 1:1, meaning for every impression you show, your banner will be displayed once on another member's site. They are offering 100 "starter" credits on registration and provide statistics so you can view your performance.
  Notice: Free Banner Swap has ended its free banner exchange service.