Strengthens Commonwealth's Position as Leading Aviation Industry
                           Intelligence Provider

    LONDON, December 6 /PRNewswire-FirstCall/ -- United Business Media plc
today announces that it has acquired OAG Holdings Ltd on behalf of its
wholly-owned subsidiary Commonwealth Business Media for a total cash
consideration of GBP2.5m.
    OAG provides consolidated passenger and cargo flight information to the
global aviation industry, playing a critical part in ensuring the
industry's operational efficiency. OAG's airline schedule database holds
historical and future flight details for 1,000 airlines and more than 3,500
airports, and currently tracks around 28 million departures per year. OAG
has more than 50,000 customers, including global and regional airlines,
airports, global distribution systems, travel agencies, corporate travel
planners, government bodies, aircraft manufacturers, freight forwarders and
the travelling public.
    The OAG business is highly complementary to, and will be integrated
into, Commonwealth Business Media's BACK Aviation database business (see
http://www.backaviation.com). The combined product offering will be the aviation
industry's most comprehensive data and intelligence business, providing
information across all key areas of the aviation market.
    In 2006, almost 50% of OAG's estimated GBP24m revenues were derived
from data and electronic products, a proportion that is expected to rise in
future. The remaining revenues were generated principally from print
products. Commonwealth's management team has a track record of successfully
developing print-centric businesses into data-driven, intelligence
businesses.
    Alan Glass, President & Chief Executive Officer of Commonwealth
Business Media said:
    "The acquisition of OAG gives Commonwealth a great opportunity to
extend and enhance our aviation industry product portfolio. Combining our
existing BACK Aviation database products with those of OAG will enable us
to build a set of market-leading, data-based workflow products that are
integral to the everyday operations of the aviation industry worldwide."
    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 Commonwealth & CMP
    Commonwealth and 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,
trade and transportation, the built environment, lifestyle, fashion and
ingredients. The businesses operate globally through five divisions:
    1.2.1. 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
    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 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
    1.2.4. 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
    1.2.5. 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

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