Newsletters & Management Reports Acquired from FT

Informa Group PLC 8 December 1999 INFORMA GROUP ANNOUNCES TWO ACQUISITIONS Informa Group plc has acquired a portfolio of 60 subscription based newsletters, seven magazines. 600 management reports and 24 directories from Financial Times Business Limited (FTB). The consideration is £13.5 million made up of £9.9 million payable in cash plus a £3.6 million liability for prepaid subscriptions which is assumed by Informa. In the year ended 31 December 1998 the publications contributed a profit of £1.2 million, after FTB overheads, on sales revenue of £19.8 million. The publications include a number of established brands in the fields of telecommunications, media, finance, commodities, pharmaceuticals and automotive. They include the newsletters, Mobile Communications, Telecom Markets, New Media Markets, Music and Copyright, Screen Finance, World Insurance Report, Food Business, Pharmaceutical Business News, and the magazines, Telecoms World, Television Business International and Automotive World. In a separate transaction completed in November, Informa acquired Baskerville Communications Corporation (BCC) from its founder, Tim Baskerville. BCC is a leading provider of daily news services, newsletters and management reports in the telecommunications and media sectors. Its 13 titles include Global Mobile and TV International. Net liabilities of BCC at 26 June 1999 were £3.1 million mainly representing future subscription income paid in advance. David Gilbertson, chief executive of Informa commented: 'These acquisitions make Informa a major integrated force in the provision of information to the telecommunications sector. Mobile Communications and Global Mobile are the two leading newsletter brands for the mobile market. When combined with Informa's existing telecoms portfolio - which includes the monthly magazine Mobile Communications International; the EMC World Cellular Database and the consultancy and publishing groups ARC and Chorleywood - these acquisitions will enable Informa to offer a through delivery of news, analysis, data and high level consultancy services to the telecommunications sector.' 'The addition of the strong media-related titles from both the FT and the Baskerville portfolios also positions Informa to respond to the growing information needs of this market as media and telecommunications increasingly converge with the coming third generation mobile technology.' 'These earnings-enhancing acquisitions, which follow our purchase of 20 publications and events from Emap plc last month, reflect Informa's continuing commitment to building shareholder value through the addition of high quality information brands to our business.' FOR FURTHER INFORMATION Peter Rigby (Chairman) David Gilbertson (Chief Executive) Jim Wilkinson (Finance Director) INFORMA GROUP PLC 0171 453 2222 William Clutterbuck/Charlotte Hamilton THE MAITLAND CONSULTANCY 0171 379 5151 NOTES TO EDITORS Informa Group plc was formed in 1998 from the merger of LLP Group plc and IBC Group plc. Informa is a business information group focused on six global market sectors: IT and Telecoms; Maritime, Trade and Transport; Finance and Insurance; Commodities and Energy; Biomedical and Pharmaceutical; and Law and Tax. Informa has sales in more than 180 countries with over 50 offices world- wide. It derives the majority of its revenues from the delivery of 'must have' and topical business information across a broad range of media formats and wide geographical base.

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