Strengthens CMP Technology's Leading Position in Business Technology
                                  Markets

    LONDON, December 5 /PRNewswire-FirstCall/ -- United Business Media plc
announces today that its wholly-owned, US-based subsidiary CMP Technology
has acquired the Software 2007 conference from Sand Hill Group LLC for an
initial cash consideration of $5.5m, with a further $3.5m being payable
over the next three years if certain performance conditions are met.
    This year's two day conference attracted more than 1,500 leading CIOs,
COOs, CEOs and other senior executives from the wider software industry.
The Software 2007 conference will take place in Santa Clara on May 8-9,
2007 (see http://www.sandhill.com/conferences/sw2007/index.php).
    The acquisition of the Software 2007 conference extends CMP
Technology's ability to address business technology markets, and
particularly the technology buyer community. The event is highly
complementary to CMP Technology's existing market-leading media portfolio
which includes events such as Interop, Web 2.0 Summit, the Enterprise 2.0
Conference and Mobile Business Expo, print titles such as Information Week
and online properties such as TechWeb (http://www.techweb.com).
    The acquisition is anticipated to meet United Business Media's 8%
post-tax cost of capital hurdle rate in its first year of ownership.
    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
    CMP's portfolio of more than 200 newspapers, magazines and directories,
200 websites and 300 events brings together buyers and sellers from a range
of global sectors including technology, healthcare, the built environment,
lifestyle, fashion and ingredients. CMP operates globally through four
divisions:
    1.2.1. 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
    1.2.2. CMP Information:
    Operating in the UK and internationally, CMPi provides professional
media solutions to around 20 industry sectors. Its products include
magazines, exhibitions, conferences, awards events, 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
    1.2.3. CMP Technology:
    CMP Technology is a marketing solutions company serving builders,
sellers and buyers of technology worldwide. Through its portfolio of
market-leading print, event 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
    1.2.4. 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
    1.2.5. 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. Its leading brands include Port Import Export
Reporting Service ("PIERS"), BACK Aviation Solutions ("BACK"), The Journal
of Commerce and a number of directory databases covering the international
trade, railroad and trucking markets. 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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