Strengthens Position in Chinese Professional Medical and Pharmaceutical
                        Consultancy Services Market

    LONDON, January 4 /PRNewswire-FirstCall/ -- United Business Media plc
(LSE: UBM) today announces that its healthcare division CMPMedica has
acquired MediReach Healthcare Communication (MHC) for an initial cash
consideration of $1.1 million, with a further deferred consideration of up
to $2.75M contingent on future performance.
    MHC is headquartered in Shanghai and provides medical and
pharmaceutical marketing consultancy services to multinational
pharmaceutical companies across China. This is one of the fastest growing
sectors of the Chinese healthcare market and the acquisition will
strengthen CMPMedica's position in the Chinese market as a leading provider
of medical and pharmaceutical marketing consultancy services.
    The acquisition is anticipated to exceed UBM's 8% post-tax cost of
capital criterion in 2007.
    Henry Elkington, Chief Executive Officer of CMPMedica said:
    "We are delighted to be able to strengthen our capabilities in China by
combining MediReach with our existing local businesses. We are committed to
developing innovative solutions for the pharmaceutical industry in the
fast-evolving Chinese market."
    Notes to Editors
    1. About United Business Media plc
    United Business Media is one of the world's leading global business
information companies. UBM brings together the world's buyers and sellers,
helping their markets work effectively and efficiently through PR
Newswire's news distribution network, Commonweath's trade and
transportation business intelligence, and through CMP's portfolio of
events, print and on-line publications. For more information, go to
http://www.unitedbusinessmedia.com
    1.1 About PR Newswire
    PR Newswire is the world's leading corporate news distribution service.
Headquartered in New York, PR Newswire provides news distribution,
targeting, measurement and broadcast services on behalf of tens of
thousands of customers including many of the world's top companies and
agencies. PR Newswire has offices in 11 countries and routinely sends its
customers' news to outlets in 135 countries and in more than 40 languages.
PR Newswire's services include ProfNet Experts, eWatch, MEDIAtlas, Search
Engine Optimization , MediaRoom, MediaSense and MultiVu. For more
information, go to http://www.prnewswire.com
    1.2 About CMP & Commonwealth
    Commonwealth and CMP's portfolio of more than 200 events, 200
newspapers, magazines and directories and 200 websites brings together
buyers and sellers from a range of global sectors including technology,
healthcare, trade and transportation, the built environment, lifestyle,
fashion and ingredients. The businesses operate globally through the
following divisions:
    1.2.1. CMPMedica: CMPMedica provides information and education to
healthcare professionals and patients around the world. It has a unique
portfolio of professional media products including newspapers, magazines,
drug directories, electronic databases, websites and events. For more
information, go to http://www.cmpmedica.com
    1.2.2. CMP Asia: Headquartered in Hong Kong with offices throughout the
region, CMP Asia is a leader in exhibitions and online and print business
information publications for Asian markets. Working with partners from
around the world, CMP Asia stages a range of leading events which includes
the largest international jewellery, leather and fashion, beauty and
furniture trade shows in Asia, as well as the definitive health show for
the Japan market. For more information, go to http://www.cmpasia.com
    1.2.3. CMP Information: Operating internationally, CMPi provides
professional media solutions to around 20 industry sectors. Its products
include exhibitions, conferences, awards events, magazines, data and
information products and websites, targeted at business professionals
across a range of markets such as the built environment, travel, licensed
trade, agriculture, security and ingredients. For more information, go to
http://www.cmpi.biz
    1.2.4. CMP Technology: CMP Technology is a marketing solutions company
serving builders, sellers and buyers of technology worldwide. Through its
portfolio of market-leading event, print and online information brands, CMP
Technology delivers access, insight and actionable programs designed to
connect technology sellers and buyers. For more information, go to
http://www.cmp.com
    1.2.5. Commonwealth Business Media: Commonwealth Business Media is the
leading information provider to the global trade and transportation market
with comprehensive proprietary data, news and analytical content.
Commonwealth is headquartered in East Windsor, New Jersey with offices
around the US and internationally. For more information, go to
http://www.cbizmedia.com

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