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Press Releases — July-September, 2006

LexisNexis Announces Alliance with BNA
Ability to Search and Consult Broad Range of BNA Sources Increases LexisNexis Tax Center Users' Access to Authoritative Tax Information

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DAYTON, OH AND WASHINGTON, DC, August 01, 2006 - LexisNexis U.S., a leading provider of information and services solutions, and BNA today announced an agreement to bring BNA's essential tax news and expert analysis to accounting firm and corporate tax department subscribers on the LexisNexis® Tax Center platform. Under the terms of the agreement, a wide selection of BNA tax sources will be available to LexisNexis Tax Center subscribers. As always, BNA content remains available to legal market customers through the LexisNexis® services at www.lexis.com.

"The information available through BNA greatly expands our overall Tax Center offering and gives us complementary coverage in a broad range of practice areas," said Charles Ter Bush, vice president and managing director, Tax and Accounting, LexisNexis. "Our customers told us that BNA was the one critical source that was missing from Tax Center. They will appreciate the ability to access BNA through the LexisNexis Tax Center interface so they can further streamline their tax research."

"This alliance furthers our commitment to providing unparalleled content to our customers on the platform they choose," said Greg McCaffery, BNA Chief Operating Officer and President of Tax Management Inc. "LexisNexis Tax Center is a new, market-specific service that will allow our customers to access BNA's tax news and analysis, as well as our expanding financial accounting coverage."

The BNA resources join the recently added Shepard's Signal indicators and LexisNexis® Company Dossier and Industry Dossier as the latest enhancements to the Tax Center offering to help ensure tax professionals do not miss critical information. The addition of BNA complements Tax Center's combined content from leading tax publishers and the ability to conduct a single search across an exclusive mix of content. LexisNexis Tax Center provides premium information unavailable from any other provider and was introduced in April.

BNA Sales Representatives will offer BNA tax content to Tax Center customers in corporations and accounting firms. This information includes more than 400 BNA Tax Management Portfolios featuring in-depth analysis, clear and concise explanations and actual work product written by the world's leading tax authorities. The Portfolios cover a broad range of federal, state and international tax topics. Each Portfolio identifies the planning opportunities and pitfalls surrounding a specific tax subject.

LexisNexis Tax Center subscribers can also gain access to a wide selection of news services including the highly respected BNA Daily Tax Report, which monitors all major domestic and international tax developments affecting U.S. tax laws, and examines the impact of new IRS regulations and other tax developments and events. Additionally, LexisNexis Tax Center subscribers will be able to access a comprehensive range of BNA journals with U.S. and international tax focuses.

Tax professionals demand practical tools to ensure they do not miss critical information in today's heightened regulatory environment. In the months ahead, LexisNexis will introduce more resources to meet this need, particularly at the state level, to further enhance LexisNexis Tax Center and the access it provides to leading experts and opinions.

A variety of LexisNexis Tax Center packages are available, each specifically designed for different tax practices. There are base packages with federal and state information that most practitioners need, as well as add-ons for specialized practice areas such as estate planning and international taxation. These packages are priced on an annual subscription basis, depending on content subscribed to and numbers of professionals in the firm or corporate tax department.

LexisNexis Tax Center is available now. Visit www.lexisnexis.com/taxcenterpr3 for more information.

About LexisNexis

LexisNexis® (www.lexisnexis.com) is a leading provider of information and services solutions, including its flagship Web-based Lexis® and Nexis® research services, to a wide range of professionals in the legal, risk management, corporate, government, law enforcement, accounting and academic markets. A member of Reed Elsevier Group plc [NYSE:ENL; NYSE:RUK] (www.reedelsevier.com), LexisNexis serves customers in 100 countries with 13,000 employees worldwide.

About BNA

BNA (www.bna.com) is the foremost publisher of print and electronic news, analysis, and reference products, providing intensive coverage of legal and regulatory developments for professionals in business and government. BNA is the oldest wholly employee-owned company in the United States, and produces more than 200 news and information services -- including Daily Labor Report and Daily Tax Report -- widely respected for comprehensive and objective reporting and analysis.



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