Aquisition of Sitescope by DMG Information

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Friday 19 September 2003

(London - 19 September 2003) DMGT announces that DMG Information, its business to business information division, has completed the purchase of Sitescope Limited, the online property information business for a net cash consideration of £12.5 million, £1.5 million of which is deferred and payable over five years.

This follows the announcement made on 18 July which was subject to clearance by the Office of Fair Trading which was received on Thursday 11 September.

Enquiries to:
Paul Sykes, Finance Director, DMG Information 001 203 973 2940
Nicholas Jennings, Company Secretary, DMGT 020 7938 6625
Andrew Honnor, Tulchan Communications (on behalf of DMGT) 020 7353 4200