Mike has anintimate knowledge of the business and a proven track

Mike has anintimate knowledge of the business and a proven track record of leadingeffective change. RISI is a well-positioned business with excellent opportunities toexpand its portfolio of data and information-based subscription product andservices for the growing global market for paper and paper-based products.RISI's products and services are highly complementary to UBM's existingproducts serving this market, particularly our global portfolio of exhibitionsand conferences such as the Tissue World shows in Europe, USA and China, aswell as Asian Paper and ANEX, the largest non-wovens exhibition in Asia.""I am also very pleased to confirm Mike Coffey's appointment as RISI's CEO.Mike has been a key member of a management team that has successfully drivenimprovements to the business and its financial performance. Prior to joining UBM, Mike led dozens ofconsulting engagements globally for e-commerce software provider ATG,ultimately founding their Asia/Pacific consulting organization in 2002. Mikesucceeds John Day who was appointed to the post of Chief Executive Officer ofUBM Global Trade in May 2009.David Levin, Chief Executive Officer of UBM said:"We are very pleased to have acquired the remaining equity in RISI's holdingcompany.

Mike has alsobeen closely involved with UBM's US acquisition process where he has beenresponsible for evaluating and planning a number of acquisitions and theirsubsequent integration into UBM. Mike joined UBM in May 2003 and has served in a range oftechnology and product development leadership roles within UBM's US-basedbusinesses and has led a number of successful growth initiatives. Mikehas played a central role in the ambitious programme of product and processmodernisation which has been instrumental to improving RISI's businessperformance. UBManticipates that this further investment in RISI will deliver a return in linewith, or in excess of, UBM's acquisition post-tax return threshold of 8%.UBM also formally confirms the appointment of Mike Coffey as RISI's ChiefExecutive Officer.

Mike joined RISI as Chief Information Officer in April 2007and has more recently served as the business's Chief Operating Officer. with principal satellite offices in Brussels, SanFrancisco and Atlanta. In recognition of China's role as an increasinglyimportant customer to the forest products industry, RISI also headquarters itsAsian business in Shanghai In 2008 RISI generated revenues of £14.4m. RISI also has a small portfolioof events held annually around the world RISI employs a total of 125 staff,based in Bedford, Mass. These products and services are essential to the strategic planningand workflow of businesses operating throughout the forest product industry, aswell as the industry's suppliers and customers.

from its joint venturepartner Pegasus Partners II, LP for a total cash consideration of $14.3m As aresult of this transaction RISI, Inc is now effectively owned and controlledby UBM.RISI, Inc. () provides online and printed market, pricing,news, analysis and benchmarking products and services on the forest productindustry. 3 July 2009United Business Media completes its buyout of RISI, Inc. for $14.3m Mike Coffey confirmed as RISI Chief Executive Officer United Business Media Limited today announces that it has acquired theremaining 48% of the holding company of RISI, Inc. Il Sole 24 Ore, publisher of Italy's leading financialdaily, decided in March to close its free press edition "24Minuti" as of April because of the poor state of the advertisingmarket.

In March the group, whose net profits fell more than 40percent in 2008 , said it foresaw "a contraction of operatingprofitablity" in 2009 (Reporting by Stephen Jewkes; editing by John Stonestreet). The group's board urged further actions to be takenincluding "structural measures" to curb costs. For latest earnings estimates made by Toyo Keizai, pleasedouble click on 8263.TK1 Stocks Stocks. MILAN, July 3 (Reuters) - Revenues at Italy's Il Sole 24 Ore(S24.MI) could fall by around 8 percent this year on the back oflower advertising sales, the publishing company said. July 3 (Reuters) -DAIEI INCCONSOLIDATED FINANCIAL HIGHLIGHTS (in billions of yen unless specified) 3 months ended3 months ended6 months to Year to May 31, 2009May 31, 2008Aug 28, 2009Feb 28, 2010 LATESTYEAR-AGOH1LATEST RESULTS RESULTS FORECASTFORECAST Revenues245.50257.07515.001.03 trln(-12.8 pct) Operating3 mln2.672.407.00 (-69.2 pct) Recurring loss 979 mln prft 2.28prft 200 mln prft 2.00 (-65.5 pct) Netloss 1.25 prft 2.12 loss 3.00 loss 2.00 (-79.2 pct) EPS loss Y6.30 prft Y10.72 loss Y15.10 loss Y10.06 NOTE - Daiei Inc is a major supermarket chain operator. For latest earnings estimates made by Toyo Keizai, pleasedouble click on 3396.TK1..