Acquisition

Informa Group PLC 6 March 2001 Informa Group acquires BioTechniques Journal and raises £54.5million through a Cash and Vendor Placing Informa Group plc ('Informa'), the business information group, announces that it has today entered into a conditional agreement to acquire Eaton Massachusetts Business Trust, publisher of the market leading bio-research journal BioTechniques, for a total consideration of $32.1 million. First published in 1983, this monthly US journal and its bi-monthly sister journal for the European market publishes peer-reviewed articles on original techniques and applications used by life scientists. It is circulated to approximately 60,000 scientists in the US and a further 20,000 in Europe. Revenues for the first quarter of 2001 were approximately 10% ahead of the same period in 2000 and forward bookings for the remainder of the year are encouraging. The board of Informa expects that the acquisition will enhance earnings per share in the first full year of ownership. The acquisition will be financed through a vendor placing of 3,884,315 new shares at a price of 560 pence per share to raise £21.8million. Details of the vendor placing are set out below under the heading 'Vendor and Cash Placings'. Commenting on the transaction, Peter Rigby, Chairman of Informa said: 'We are delighted to welcome the BioTechniques team to Informa. BioTechniques is a leading bio-research journal which will give us the powerful publishing brand that we have lacked in this field and will help us to accelerate our growth in pharmaceuticals information.' Vendor and Cash Placings (together the 'Placing') Under the terms of the Acquisition, Informa is issuing 3,884,315 new ordinary shares at 560 pence per share ('Vendor Placing Shares'). A further 5,848,390 new ordinary shares are being placed on behalf of Informa at 560 pence per share ('Cash Placing Shares') raising £32.7million in cash. The cash raised in the Cash Placing will strengthen Informa's ability to continue to take advantage of the best bolt-on acquisition opportunities when they arise. The Vendor Placing Shares and the Cash Placing Shares together represent approximately 8 per cent of the present issued share capital of Informa. In connection with the Placing, Informa has today entered into a placing agreement ('the Placing Agreement') with HSBC Investment Bank plc ('HSBC'), pursuant to which HSBC has conditionally agreed to use its reasonable endeavours to procure subscribers for the Vendor Placing Shares and the Cash Placing Shares at 560 pence per share, or failing which itself to subscribe for or acquire such shares. The Placing Agreement is conditional, inter alia, on the Acquisition being completed and admission of the Vendor Placing Shares and the Cash Placing Shares in Informa to the Official List and to trading on the main market of the London Stock Exchange becoming effective. This is expected to take place by 13 March 2001. Completion of the Acquisition is conditional, inter alia, upon the Placing Agreement being completed and admission of the Vendor Placing Shares and the Cash Placing Shares to the Official List and to trading on the main market of the London Stock Exchange becoming effective. Application will be made to the UK Listing Authority for the New Ordinary Shares to be admitted to the Official List and to the London Stock Exchange for such shares to be admitted to trading on the main market of the London Stock Exchange. These shares will, when issued, rank pari passu, in all respects with the existing issued shares of Informa, including the right to receive the final dividend for the year ended 31 December 2000, of 5.07 pence per share, payable on 29 May 2001 to all holders on the register on 27 April 2001. For further information Peter Rigby Chairman David Gilbertson Chief Executive Jim Wilkinson Finance Director Informa Group 020 7453 2222 Heraclis Economides Clive Rates HSBC Investment Bank plc 020 7336 9000 Fiona Piper / Lydia Pretzlik The Maitland Consultancy 020 7379 5151

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Informa (INF)
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