Disposal of Business & Assets-Radcliffe Publishing

19 June 2015

Electric Word Plc (the "Company")

Disposal of the business and assets of Radcliffe Publishing Limited

The Directors of Electric Word plc are pleased to announce the disposal of the trade and certain assets of the Company's subsidiary, Radcliffe Publishing Limited ("Radcliffe Publishing") to Informa UK Limited, trading as Taylor & Francis Group and a subsidiary of Informa plc. Radcliffe Publishing is part of the Health division and publishes books and other associated products to support the education and professional development of doctors, managers and professionals in health.

The total consideration is being satisfied in cash, and comprises £1,000,000 less a £43,061 adjustment for deferred revenue at completion, with £856,939 payable on completion and £100,000 payable on the first anniversary of the completion date. The sales proceeds will be used for general working capital purposes and to fund investment plans in other areas of the business.

In the year ended 30 November 2014, Radcliffe Publishing made a loss before tax of £325,764 (loss of £206,764 before group recharges) on turnover of £1,197,032. The value of the gross assets of Radcliffe Publishing at 30 November 2014 was £1,319,419.

The Directors deemed that the Radcliffe Publishing business was no longer core to the Group's strategy.

For further enquiries please contact:

Julian Turner, Chief Executive, Electric Word 020 7265 4170

Andrew Potts, Panmure Gordon 020 7886 2500

Notes to Editors

Electric Word plc is a specialist media group supporting professional education, compliance and management through a wide range of digital, paper and live formats. Our approach is to identify niche communities within our market sectors and fulfil their key information, professional development, best practice and compliance needs.

Increasingly, our aim is to provide higher-value services and decision-critical data that help our customers to achieve their key personal and organisational objectives. We achieve this by developing a deep understanding of our sectors and our customers' challenges and critical information requirements.

The Group provides content in many different formats, including subscription websites, journals, magazines, events, face-to-face training, online training, books, special reports, bespoke research and consultancy. Competencies developed in one sector can then be transferred to another as opportunities arise.