NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, JAPAN
OR UNITED STATES 
7 May 2004 
Proposed Merger of Informa and Taylor & Francis
US Clearance obtained
The boards of Informa and Taylor & Francis are pleased to announce that US 
Clearance has been obtained for the proposed Merger.
As expected, the Merger will become effective on 10 May 2004 and dealings in new
T&F Informa shares will commence on that day.
In accordance with the Scheme, Taylor & Francis Shareholders will, upon 
completion of the Merger, be entitled to receive 17 new T&F Informa Shares for
every 10 Taylor & Francis Shares held at 6:00 p.m. on 7 May 2004.
The timetable of principal events is in line with that set out in the Listing
Particulars and is as follows:
Event                                                           Time and/or date
Last day of dealings in Taylor & Francis Shares                       7 May 2004
Scheme Record Time                                      6.00 p.m. on  7 May 2004
Effective Date of Scheme                                             10 May 2004
Delisting of Taylor & Francis Shares                    8.00 a.m. on 10 May 2004
Commencement of dealings on the London Stock            8.00 a.m. on 10 May 2004
 Exchange in new T&F Informa Shares
Crediting of new T&F Informa Shares to CREST            8.00 a.m. on 10 May 2004
 accounts
Latest date for despatch of new T&F Informa Share                    17 May 2004
 certificates
Unless the context requires otherwise, terms used in this announcement have the 
same meaning as in the Listing Particulars dated 19 March 2004 which were sent 
to Informa Shareholders and Taylor & Francis Shareholders. "US Clearance" means 
the expiry, lapse or termination of all or any appropriate waiting and other 
time periods (including extensions thereof) under the US Hart-Scott-Rodino 
Antitrust Improvements Act of 1976 (as amended) and the regulations made
thereunder.
Enquiries
Informa                +44 20 7017 4302   Taylor & Francis      +44 20 7583 9855
Peter Rigby                               David Smith
David Gilbertson                          Anthony Foye
Jim Wilkinson
Bell Pottinger         +44 20 7861 2400   Financial Dynamics    +44 20 7831 3113
Zoe Sanders                               Tim Spratt
Catherine Lees                            Charles Palmer