Disposal

16th Sep 2005 17:14

For immediate release 16 September 2005 United Business Media Sells UK Automotive Titles to Newsquest United Business Media plc ("UBM") announces today that it has concluded adefinitive agreement with Exchange Enterprises Limited, a subsidiary ofNewsquest Media Group Limited ("Newsquest") in relation to the sale of Exchange& Mart and Auto Exchange, for ‚£50.25 million in cash. This sale largely completes the programme of significant disposals in line withUBM's stated strategy of realising value from non-core businesses and focusingon investment in high-growth, integrated, specialist markets for professionalsand enthusiasts and news distribution.The disposal of Exchange & Mart and Auto Exchange is not expected to generateany tax liability for UBM and the proceeds will be retained for reinvestment inUBM's other portfolio businesses. Enquiries:Michael Waring United Business Media 0207 921 5031Susan Donovan United Business Media 0207 921 5961Brett Jacobs Citigate Dewe Rogerson 0207 638 9571Chris Barrie Citigate Dewe Rogerson 0207 638 9571 UNITED BUSINESS MEDIABackgroundUnited Business Media plc (http://www.unitedbusinessmedia.com)UBM is a market leading global provider of specialist business informationservices to the technology, healthcare, media & entertainment, property andfinancial services industries. Geographically revenues are generated in Europe(39%), the US (51%) and in Asia (10%).Operating Companies:UBM's publishing division companies operate under the CMP name: CMP Media basedin the US, CMP Asia based in Asia, CMPMedica in Healthcare markets in Europeand Asia and CMP Information based in the UK. UBM's news distribution businessPR Newswire operates globally, from a US base.CustomersUBM's market leading - typically ranked number one or two - products serve topblue chip clients in all their end markets including:-Microsoft, Hewlett Packard, IBM, Astra Zeneca, Forest Laboratories, Pfizer/Pharmacia, Merck & Co, GlaxoSmithKline, Novartis, Cisco, Toyo Shinaku, IndiaTrade Promotions Organisation, China Chamber of Commerce, Sinopharm, Incase,Edelman Worldwide, Porter Novelli, Fleishman Hillard, NASA.Product CategoriesPublications- Over 160 magazines, 110 countries, 4m readers, 4,500 advertisersEvents- Over 300 events, 1.3m visitors, 2,500 exhibitors, from 120 countriesDirectories- Over 50 directories, over 750 thousand recipients, in over 40 countriesOnline- Over 200 websites, 22 million page impressionsNews Distribution - Over 180,000 messages distributed to tens of thousands of media points in135 countries and in more than 150 languages - Over 80,000 journalists registered on media-only Web site with1million releases viewed monthly - Over 460,000 journalists profiled in media targetingdatabase - Over 10,000 print and more than 12,000 online sources, including websites,blogs and databases monitored - Over 150 queries distributed to more than 12,000 public relationsand information officers from reporters researching stories Leading broadcast public relations and multimedia company Product BrandsCMP Mediawww.cmpmedia.comInformation Week, CRN, EE Times, Network Computing, VARBusiness, TechWeb,Consultant Magazine, Game Developer Conference, Embedded Systems Conference,Xchange Conferences, Guitar Player, Health & Beauty America, Seatrade CruiseShipping Convention,CMP Informationwww.cmpinformation.comCPHI, Building, Furniture Show, Property Week, Farmer's Guardian, FIE, Ifsec,Health & Safety, Pulse, Daltons Weekly, Trade It, Trader, Opportunities,Private Villas, This Caring Business, ECMCMPMedicawww.asia.cmpmedica.comVidal, Journal du Medicin, Gelbeliste, Vademecum, Medical Observer, Carnets deSante, MIMS, Kassenarzt, Medex, MedServe /CMP Asiawww.cmpasia.comAsia Pacific Leather Fair, Cosmoprof Asia, Hong Kong Jewellery and Watch Fair,Health Industry News, Jewellery News Asia, Tokyo Intnl Health Industry Show.PR Newswirewww.prnnewswire.comMultiVu, MediaAtlas, eWatch, Profnet, US1This press release includes statements which are not historical facts and areconsidered "forward-looking" within the meaning of Section 27 of the SecuritiesAct of 1933, as amended. These forward-looking statements reflect UBM'scurrent views about future events, business and growth strategy and financialperformance. These forward-looking statements are identified by their use ofterms and phrases such as "believe," "expect," "plan," "anticipate," "ontarget" and similar expressions identifying forward-looking statements.Investors should not rely on forward-looking statements because they aresubject to a variety of risks, uncertainties and other factors that could causeactual results to differ materially from UBM's expectations. UBM expresslydoes not undertake any duty to update forward-looking statements. Managementdoes not attempt to update forecasts unless conditions materially change. ENDUNITED BUSINESS MEDIA PLC

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