Euromoney Institutional Investor Pre-Close Period Trading Update

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Friday 30 March 2007

Euromoney Institutional Investor plc ("Euromoney"), in which DMGT has a near 61% interest, has today issued its pre-close period trading update ahead of the announcement of its interim results for the six months to March 31, 2007.

Consistent with the comments made at the time of the AGM in February, the Company has made an encouraging start to the financial year. Trading is in line with the Board's expectations with good revenue growth across all divisions. Forward bookings remain strong. However, as usual, Euromoney full year results will be second half-weighted.

The integration of Metal Bulletin is progressing well. Most of the cost synergy initiatives have already been implemented and trading remains ahead of the Board forecasts made at the time of the acquisition.

During the first half Euromoney has also focused on streamlining its portfolio of businesses. Since its financial year end the Company has sold Raven Fox, a leading duty-free and luxury goods publishing and events business, and the magazines Batteries International, DreamWorld Cruise Destinations, Asian Ceramics and Asian Glass.

The interim results are due to be announced on the morning of May 17, 2007.

For further information, please contact:

Padraic Fallon, Chairman
+44 20 7779 8556
pfallon@euromoneyplc.com

Colin Jones, Finance Director
+44 20 7779 8666
cjones@euromoneyplc.com