LexisNexis Acquires LAWbase, the Leading Practice Management Solution from CCH New Zealand Ltd.

Small to medium size law firms to benefit from expanded LexisNexis^® practice management portfolio

June 12, 2008 — 2008-06-12Auckland, New Zealand, June 12, 2008 - LexisNexis, a leading global provider of business information solutions, today announced the acquisition of the LAWbase practice management business from CCH New Zealand Ltd. This acquisition will expand the existing LexisNexis^® portfolio of products and services, including PCLaw™ and Lexis^® Affinity, designed to help legal professionals manage their businesses and workflows more efficiently.

LAWbase is the leading provider of practice management software to small and medium law firms in New Zealand, with a customer base of more than 500 firms. It is the most widely-used legal practice management system in New Zealand, delivering solutions to lawyers that encompass billing, time recording, trust accounting, matter management, marketing, and management reporting.

Customers in New Zealand will benefit from the integration of LexisNexis content, services and software tools to address specific practice management needs.

"We are committed to bringing best of breed applications to New Zealand and extending our services to meet our customers' changing needs, said Darryn Keiller, General Manager, LexisNexis New Zealand.  "For several years, the legal industry has been grappling with the challenge of using information technology more efficiently to run their businesses. While many larger law firms are reasonably advanced in the way they apply technology to create value for their customers and the partnership, there remain opportunities throughout the profession to improve efficiencies and service. We believe this acquisition helps us better support the growing needs of small to medium-sized firms."

LexisNexis has been transforming to meet the growing needs of legal and other information-intensive professionals by offering innovative solutions that meet specific customer needs.

"As law firms look to provide better service to clients and greater value to partners and especially as the economy tightens, there is an opportunity to extend our involvement to assist them to drive their businesses," Keiller stated.

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About LexisNexis

LexisNexis^® (www.lexisnexis.com) is a leading global provider of business information solutions to a wide range of professionals in the legal, risk management, corporate, government, law enforcement, accounting and academic markets. LexisNexis originally pioneered online information with its Lexis^® and Nexis^® services. A member of Reed Elsevier [NYSE: ENL; NYSE: RUK] (www.reedelsevier.com), LexisNexis serves customers in more than 100 countries with 13,000 employees worldwide.

LexisNexis New Zealand (www.lexisnexis.co.nz) is the leading provider of New Zealand and international news, business, tax and legal information, using leading-edge technology, tools, and online solutions.