Institutional Investor Acquires Tempest

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Wednesday 7 November 2001

London - Institutional Investor, the leading U.S. and international financial magazine publisher owned by Euromoney Institutional Investor PLC, has acquired most of the assets of Tempest Consultants, which went into liquidation in August. In addition, Institutional Investor has signed a sponsorship alliance with Reuters.

The acquisition of Tempest's intellectual property significantly expands Institutional Investor's role as the pre-eminent source of survey-based rankings for the global equities markets. By integrating its own longstanding analyst rankings with Tempest's CFO and sell-side polls, Institutional Investor will provide independent performance benchmarks and analyses of key market trends for securities firms, institutional investors and corporations.

These influential surveys have identified the top analysts covering the equities markets in the U.S., Europe, Japan, Asia and Latin America for 30 years. The rankings, based on polls of buy-side institutions about sell-side research, provide independent performance benchmarks for the investment research activities of securities firms in virtually every major stock market. The research teams will continue to be developed by Institutional Investor's editors and published in its magazine.

In a separate agreement, Institutional Investor has signed an alliance with Reuters, the information, news and technology group. From February 2002, Reuters will sponsor six of Institutional Investor's market-leading equities research surveys, including the All-America Research Team.

Inquiries to:
Denise Murrell II Research Group +1 (212)224 3349
Colin Jones Euromoney Institutional Investor +44 (207) 779 8291