LONDON, January 28 /PRNewswire-FirstCall/ -- The Board of United Business
Media plc ("UBM") announces that it has appointed its financial advisers,
Dresdner Kleinwort Wasserstein and Allen & Company LLC, to conduct a
strategic review of NOP World.
The strategic review will examine a number of alternatives to maximise
the value of NOP World for UBM shareholders including developing NOP World
further, expanding NOP World through strategic alliances or a sale.
A further announcement will be made when appropriate.
For additional information on NOP World
http://www.nopworld.com
United Business Media plc (http://www.unitedbusinessmedia.com) is a
leading provider of business information services to the technology,
healthcare, media, automotive, financial services and property industries.
UBM offers services in news distribution, market research, publishing and
events to customers across the globe. Its brands include PR Newswire, the
world's leading corporate news distribution service; NOP World, one of the
largest market research groups globally; and CMP, the B2B media and
exhibition group operating in high tech, healthcare, property, entertainment,
jewellery & fashion in the US, UK, Asia and Europe.
This press release includes statements which are not historical facts and
are considered "forward-looking" within the meaning of Section 27 of the
Securities Act of 1933, as amended. These forward-looking statements reflect
UBM's current views about future events, business and growth strategy and
financial performance. These forward-looking statements are identified by
their use of terms and phrases such as "believe," "expect," "plan,"
"anticipate," "on target" and similar expressions identifying forward-looking
statements. Investors should not rely on forward-looking statements because
they are subject to a variety of risks, uncertainties and other factors that
could cause actual results to differ materially from UBM's expectations. UBM
expressly does not undertake any duty to update forward-looking statements.
Management does not attempt to update forecasts unless conditions materially
change.
SOURCE United Business Media Plc
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CONTACT:
For further information, please contact:
Michael Waring, United Business Media +44-(0)20-7921-5031; Colin
Browne, The Maitland Consultancy +44-(0)20-7379-5151
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