UNITED BUSINESS MEDIA PLC - UBM to sell Automotive Titles.

PR Newswire UK Disclose, June, 2005

30 June 2005 
 
              United Business Media to sell UK Automotive Titles 
 
United Business Media plc ("UBM") today announced its intention to sell 
Exchange & Mart and Auto Exchange. This decision is the outcome of a review of 
UAP's portfolio, following a recent UBM reorganisation. The review determined 
that these titles would be more valuable to other organisations and therefore 
that a sale is in the best interests of UBM shareholders, with proceeds to be 
reinvested in UBM's core businesses. 
 
In 2004, the UAP automotive titles now for sale generated [pounds sterling]35.8m of revenue, 
online page impressions on the Exchange & Mart website averaged well over 5 
million per month, and Auto Exchange held a 70 per cent share of free pick-up 
magazines and achieved a 7...

            
        
    
    	    
                
                
	

		

					 
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