5th Oct 2006 16:42
Not for distribution in or into the United States of America, Canada, Japan orAustralia United Business Media plc Repurchase of B Shares In accordance with the circular to B shareholders dated 14 September 2006, aRepurchase Offer for B shares, enabling shareholders to sell their B Shares at245 pence, free of all dealing expenses and commissions, has today been made byMerrill Lynch. As at 4 October 2006 valid acceptances of the Repurchase Offerhad been received in respect of 697,153 B Shares, representing approximately14.43 per cent of the B Shares in issue as at that date. These B Shares havesubsequently been purchased by the Company in an on-Exchange transaction forcancellation at 245 pence each.Cheques and sale advices are expected to be despatched and assured paymentsmade through CREST by 10 October 2006 in respect of B Shares purchased underthe Repurchase Offer.Following this purchase 4,133,770 B shares remain in issue.Notes:All definitions used in the Circular to shareholders dated 14 September 2006apply to this announcementEnquiries:Anne SiddellUnited Business Media020 7921 5004Patrick BowesMerrill Lynch International020 7996 2106ENDUNITED BUSINESS MEDIA PLCRelated Shares:
UBM