LONDON, February 26 /PRNewswire-FirstCall/ --
    Summary
    Month of January 2004
    The business information market serving the technology industry, measured
in terms of advertising page volumes, decreased by 7.7% in the month of
January compared to January 2003. CMP Media's continuing technology
publications recorded a 8.9% decrease against January 2003.
    CMP Media's market share, compared to 2003, decreased - its continuing
titles held a share of 25.5% in January 2004 down from 25.8% in January 2003.
    Rolling twelve months to January 2004
    The market decreased by 12.9% in advertising page volumes in the twelve
months ended January 2004 compared to the twelve months ended January 2003.
CMP Media's continuing High Tech publications recorded a 5.5% decrease in the
same period.
    MARKET SEGMENT - ADVERTISING PAGE VOLUMES
    MONTH OF January 2004
                                                            2004      2003
                                                 Change   Market    Market

                                 2004     2003 04 vs 03    Share     Share
                                Pages    Pages        %        %         %
    CMP Media
    Continuing                  1,125    1,235    -8.9%    25.5%     25.8%
    Discontinued                    0      143              0.0%      3.0%
    CMP Media Total             1,125    1,378   -18.4%    25.5%     28.8%

    Whole Market
    Continuing                  4,417    4,574    -3.4%   100.0%     95.5%

    B2B Tech
    Publications                3,960    4,142    -4.4%    89.7%     86.5%
    General Business              457      432     5.8%    10.3%      9.0%
    Discontinued                    0      213              0.0%      4.5%
    Total Market                4,417    4,787    -7.7%   100.0%    100.0%


    TWELVE MONTHS to Date
                                                       2004    2003
                              2004     2003  Change  Market  Market
                             Pages    Pages    %    Share % Share %
    CMP Media
    Continuing              18,667   19,761  -5.5%    26.6%   24.5%
    Discontinued             1,454    2,564            2.1%    3.2%
    CMP Media Total         20,121   22,325  -9.9%    28.7%   27.7%

    Whole Market
    Continuing              68,586   74,823   -8.3%   97.6%   92.7%

    B2B Tech Publications   61,234   67,398   -9.1%   87.1%   83.5%
    General Business         7,352    7,425   -1.0%   10.5%    9.2%
    Discontinued             1,705    5,874            2.4%    7.3%
    Total Market            70,291   80,697  -12.9%  100.0%  100.0%


    MAJOR CMP TITLES
                                          January 2004
                                     +/- Pages       % Change
    Information Week                   +2.8           +1.7
    EE Times                           -8.5           -3.8
    Dr Dobb's                          -6.9          -15.3
    Network Computing                  -6.8           -9.4
    Network Magazine                  -12.8          -34.4
    CRN                               -28.9          -18.1
    VAR Business                      +14.8          +22.0



    Source - IMS: Auditor
    -Ends-
    Notes to Editors:
    CMP MEDIA LLC
    CMP Media LLC (http://www.cmp.com) is a leading integrated media company
providing essential information and marketing services to the entire
technology spectrum - the builders, sellers and users of technology
worldwide. Capitalising on its editorial strength, CMP is uniquely positioned
to offer marketers comprehensive, integrated media solutions tailored to meet
their individual needs. Its diverse products and services include newspapers,
magazines, Internet products, research, direct marketing services, education
and training, trade shows and conferences and custom publishing.
    BASIS OF COMPILATION OF STATISTICS
    The statistics, which are the main subject of today's release, are
independently compiled by IMS/Auditor. The basis of compilation includes:
    - pages are hand counted
    - supplement ads are counted if in over 50% of circulation
    - house ads are not counted
    - inserts are counted if bound in publication
    - the database will continually be updated as more accurate
      information arrives

    All CMP High Tech publications are tracked. CMP determines the
competitive set of publishing titles which are measured on its behalf by IMS
Auditor and periodically adjusts the population to ensure that it is properly
representative of the changing US business technology advertising market in
which CMP competes: such an adjustment was made for this January 2004
release, and all comparative numbers have been adjusted to reflect the new
population set.
    Note: that these statistics represent only total advertising page volumes
as counted above, they do not represent paid advertising page volumes nor do
they show the revenue yields which the operators in these market segments
have achieved.
    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.

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