London, UK (Apr 30 2007) - Adds leading subscription business to complement CMPMedica's offer for U.S. physicians.

United Business Media Plc today announces that it has acquired Physicians Practice, LLC from Med-IQ, LLC for an initial cash consideration of $17.5m, with a further performance-dependent consideration of up to $0.5m.

Headquartered in Baltimore, MD, Physicians Practice LLC is a healthcare media company. Its principal product is Physicians Practice, a leading practice management publication that supports physicians with business, financial and legal expertise to assist them manage their practices more efficiently. Physicians Practice reaches more than 275,000 office-based physicians and is supported by more than 60 hospital sponsors. The journal was recently named the 2006 Publication of the Year by the American Society of Healthcare Professionals. In addition, the business also runs Continuing Medical Education programs, newsletters and e-newsletters, audio-conferences and custom publishing, as well as the online complement to Physicians Practice, www.physicianspractice.com. The site hosts a virtual community for physicians and their staff, focusing on business aspects of practice management, as well as providing advice, archived articles, forms, tools, calculators and other features.

Physicians Practice LLC will be integrated into CMPMedica's marketing services operations in the United States. Ken Karpay, Publisher of Physicians Practice, will remain in his role. Physicians Practice LLC's revenues for calendar year 2006 were $10.1m. The acquisition is anticipated to meet UBM's 8% post-tax cost of capital criterion for acquisitions in its first full year of ownership.

Henry Elkington, chief executive officer of CMPMedica said:

"CMPMedica focuses on serving specific professional healthcare communities, one of which is primary care physicians. We aim to offer as comprehensive a set of media products and services as possible to each of our chosen communities. Physicians Practice has a terrific set of products to help physicians manage the business side of their practices. Physicians Practice has established itself as the leading practice management brand for US primary care physicians. This acquisition will help us deepen our relationship with the primary care community by bringing products that complement our existing portfolio which includes Consultant magazine, www.consultantlive.com and www.searchmedica.com. The acquisition also brings us new relationships with hospital sponsors and product and service vendors."

To learn more visit: http://www.unitedbusinessmedia.com