Euromoney sells Metal Bulletin subsidiary Atalink

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Monday 2 April 2007

Euromoney Institutional Investor PLC ("Euromoney") announced today that it has completed the sale of its wholly-owned subsidiary, Atalink Limited ("Atalink"), to Ten Alps plc ("Ten Alps").Ten Alps has paid £1.761m on completion.

A further payment will be made, on a pound for pound basis, for the net current assets of the company as at March 30, 2007 on agreement of the completion accounts. This amount is anticipated to be c. £0.75m. At March 30, 2008 a further £0.465m will become payable. The sale of Atalink is a class 3 transaction for Euromoney under the listing rules.

Atalink produces over 25 specialist and direct response publications and related websites. It was acquired by Euromoney as part of its acquisition of Metal Bulletin in October 2006 for £222 million. The disposal of Atalink is consistent with Euromoney's continuing strategy of streamlining its portfolio of businesses and investing in subscription-based electronic data products.

About Euromoney Institutional Investor PLC
Euromoney Institutional Investor PLC is listed on the London Stock Exchange and is a member of FTSE 250 share index. It is a leading international business-to-business media group focused primarily on the international finance, metals and commodities sectors. In October 2006 it acquired Metal Bulletin plc for £222 million.

It publishes more than 70 magazines, newsletters and journals, including Euromoney, Institutional Investor and Metal Bulletin. It also runs an extensive portfolio of conferences, seminars and training courses, and is a leading provider of electronic information and data on international finance, metals and emerging markets.

For further information please contact:
Padraic Fallon, Chairman
Tel: 020 7779 8556;
Email: pfallon@euromoneyplc.com

Colin Jones, Finance Director
Tel: 020 7779 8556;
Email: cjones@euromoneyplc.com

Christopher Fordham, Director
Tel: 020 7779 8057;
Email: cfordham@euromoneyplc.com