Pre-Close Trading Update

16th December 2013 Pre-close trading update for year ending 31 December 2013 Trading update UBM's trading in the fourth quarter has been as anticipated and we expect 2013full year reported revenues to be approximately £800m, in line with marketexpectations. With the robust performance of our large events in the fourthquarter, and Marketing Services delivering a margin of approximately 10%, weexpect our Group operating profit margin to be at the top of the 22-23%guidance range. We continue to expect fully diluted adjusted EPS fromcontinuing operations to be about 53-54p. Outlook Reported Group revenues for 2014 will reflect the devaluation of our majortrading currencies relative to 2013 (1) given over 85% of our revenues aregenerated in currencies other than the Pound. Events reported revenues and margin will also reflect reduced revenues from"even year" biennial events compared with our strong "odd year" biennialcontribution, continued expansion in new growth markets (includinggeo-adaptations and new launches), investment in the exhibitor and visitorexperience and improvements in health and safety standards. These factors,together with the impact of venue space limitations at a number of our largestshows and growth shifting to a broader base of China and other EmergingMarkets, will result in margin for the Events segment of about 30%. Reportedrevenues of Marketing Services, which are now largely aligned with our eventscommunities, will reflect the discontinuations and disposals made in 2013. Wecontinue to target a 10% margin in Marketing Services. At PR Newswire weanticipate continued stable margins. We have been investing in our corporate management team and infrastructure tosupport future growth, including the new finance ERP system which will berolled out during 2014. Group operating profit margin in 2014 is expected to bebetter than 2012, the last "down" biennial year, and from 2015 we anticipatemargin expansion through improved efficiency. PA Group disposal of MeteoGroup PA Group, the parent company of the Press Association, in which UBM has aninvestment of 17%, has announced today that it has signed an agreement to sellits weather forecasting business MeteoGroup to global growth investment firmGeneral Atlantic for cash consideration of €190m. The transaction is subject toGerman competition clearance and is expected to complete in early 2014, with75% of the consideration payable on completion with the balance payable oneyear after completion. PA Group is expected to report a profit on disposal ofapproximately £125m. UBM will account for its share of such profit as an exceptional gain at thetime of completion. This gain is expected to offset our total exceptionalrestructuring charges for 2013, which include both the charges described at theinterim results, as well as additional restructuring costs relating to theinstallation of the ERP finance system. Footnote (1): Expected average Currency value Effect on Effect on adjusted exchange rate in rises/ falls revenue + / operating profit + 2013 by - £m / - £m US dollar 1.56 1 cent £2.7m £0.7m Euro 1.17 1 cent £0.7m £0.3m Contacts Media Investors Peter Bancroft Director of Communications Kate Postans Head of Investor RelationsEmail [email protected] Email [email protected] telephone +44 20 7921 5961 DD telephone +44 20 7921 5023 Chris Barrie Citigate Dewe Rogerson Chantal Bradford IR ManagerEmail [email protected] Email [email protected] telephone +44 20 7282 2943 DD telephone +44 20 7921 5943 Notes to Editors About UBM plc UBM plc is a global events-led marketing services and communications company.We help businesses do business, bringing the world's buyers and sellerstogether at events and online, as well as producing and distributing news andspecialist content. Our 5,500 staff in more than 30 countries are organisedinto expert teams which serve commercial and professional communities, helpingthem to do business and their markets to work effectively and efficiently. For more information, go to www.ubm.com; follow us on Twitter at @UBM_plc toget the latest UBM corporate news; follow @UBMNews for news from all UBM'sbusinesses; follow @UBM for a flavour of UBM from selected members of UBM'sTwitterati.