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Press Release

BNA Announces Alliance with LexisNexis  

Contact:
Press Information: 202.530.1728
Subscription Information: 800.372.1033

Washington, D.C. (August 1, 2006) – BNA and LexisNexis U.S., a leading provider of information and services solutions, today announced an agreement to bring BNA's essential tax news and expert analysis to subscribers on the LexisNexis® Tax Center platform. Under the terms of the agreement, a wide selection of BNA tax resources will be available to LexisNexis® Tax Center subscribers.

“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 information available through BNA greatly expands our overall LexisNexis 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.”

BNA Sales Representatives will be offering BNA tax content to LexisNexis 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 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.

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BNA 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. www.bna.com

LexisNexis® 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], LexisNexis serves customers in 100 countries with 13,000 employees worldwide.