Acquisition

Centaur Holdings PLC
19 January 2006


                                                                        19.1.06

Centaur Holdings plc (Centaur) acquires key specialist consumer magazine

Centaur, the specialist publishing and information company, is pleased to
announce that, subject to the satisfactory agreement of final terms, it will
acquire the Period Living & Traditional Homes magazine and web site (PL) from
EMAP Consumer Media Ltd for £1.5 million, to be paid in cash less the amount of
unfulfilled subscription liabilities.

PL is a leading monthly specialist consumer magazine with a 55,337 ABC audited
circulation, read by individuals with a particular interest in period homes.
PL's profit before tax (after allocation of overheads) for the 12 months to 31st
March 2005, the date of the last published accounts, was £0.37m. The acquisition
is expected to be earnings enhancing in the current financial year.

Graham Sherren, Chairman and Chief Executive of Centaur, said: 'We are pleased
to be able to add Period Living & Traditional Homes to our portfolio of
specialist home-interest brands based around the leading title, Homebuilding and
Renovating. We believe that there will be a number of complementary benefits to
be derived from the acquisition and we look forward to investing further in PL
to strengthen the magazine and to extend the brand into other media. This
acquisition, as was the case with our recent acquisitions of Supply Chain
Business, Logistics Europe and The Recruiter, reflects our strategy of seeking
to develop market-leading positions in key communities.'

It is expected that Completion of this transaction will take place on 3rd
February 2006. PL staff transferring from EMAP to Centaur will be located at
Centaur's London offices from that date.

Enquiries:

Centaur Holdings plc           Graham Sherren          Tel: [phone]
                               Geoff Wilmot

Gavin Anderson & Company       Richard Constant        Tel: [phone]
                               Robert Speed
                               Janine Brewis

For Emap:                      Humfrey Hunter          Tel: [phone]
Ian Monk Associates

Business Description
Centaur's product portfolio currently comprises 9 weekly magazines, 2
fortnightly magazines, 11 monthly magazines, 4 magazines of a quarterly or
bi-monthly frequency, 2 monthly newsletters, 27 annual printed products, 19
online products or services, 25 awards or other sponsored events, 25 exhibitions
and 90 conferences.

Centaur reports its results within 5 distinct business sector segments, namely
Marketing and Creative, Legal and Financial, Engineering and Construction,
Perfect Information and Other. The first 3 segments comprise principally the
following vertical business communities in which Centaur publishes
market-leading magazine titles: Marketing Services, Creative Services, New
Media, Retail Financial Products, Legal Services, Engineering, Private
Homebuilding. Centaur also enjoys strong positions in a number of other
specialist communities, namely HR, Visual Arts Production, Construction, Antique
Rugs and Textiles, Logistics, Recruitment and Public/Private Finance. In
addition, it serves the Business Travel community with 3 leading trade shows in
the UK and overseas



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