ABTN Acquisition

Centaur Media PLC 17 August 2006 Centaur Media plc (Centaur) acquires on-line travel publication ---------------------------------------------------------------- August 17th 2006: Centaur, the specialist business publishing and events company, is pleased to announce that it has acquired Air and Business Travel News (ABTN), an on-line publication for the travel industry. The publication has been bought from Malcolm Ginsberg & Associates for a consideration of £0.1m. ABTN was launched as an online newsletter and website by Malcolm Ginsberg in 1998 and currently has 23,000 subscribers. Centaur will re-launch ABTN to unlock its underlying commercial potential. Graham Sherren, Chairman and Chief Executive of Centaur, said: "ABTN will complement our highly successful Business Travel and Travel Technology shows and become the first publication in our Travel Community." Centaur's strategy is to build on its strength in the markets in which it already operates, as well as looking for other communities where it can apply its knowledge and expertise. This latest acquisition reflects the successful continuation of that strategy. Malcolm Ginsberg said: "I have known the team at Centaur since they launched the Business Travel Show in 1995. Now with its transfer from Olympia to Earls Court in February I look forward to working with Centaur to take ABTN to the next stage of its development." Centaur is one of the UK's leading business-to-business publishers. Centaur's publications include Marketing Week, New Media Age (NMA), Design Week, Creative Review, The Lawyer, Finance Week, Money Marketing and The Engineer. It also has a major Exhibitions division that runs around 24 exhibitions a year including the Business Travel shows, several shows in the marketing, logistics and financial services sectors and the Homebuilding & Renovating shows. The ABTN operation will be moving to Centaur's offices in central London. Enquiries: Centaur Holdings plc Graham Sherren Tel: 020 7970 4506 Geoff Wilmot Gavin Anderson & Company Richard Constant Tel: 020 7554 1400 Robert Speed Janine Brewis This information is provided by RNS The company news service from the London Stock Exchange
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