Wolters Kluwer Legal & Regulatory to Divest Selected Publishing Assets in the Netherlands

ALPHEN AAN DEN RIJN, Netherlands, Oct. 14, 2013 (GLOBE NEWSWIRE) --

Wolters Kluwer Legal & Regulatory has reached agreements to sell several of its publishing assets and related activities in the Netherlands. The transaction involves Binnenlands Bestuur, Assurantie Magazine, and publications for general and financial management. The move helps rebalance our European Legal & Regulatory operations towards specialized information tools and productivity solutions for legal professionals, and enables us to focus on long-term growth opportunities in this core customer segment. Binnenlands Bestuur will become part of Adfo Groep, owned by Sijthoff Media Groep, a Dutch media company that publishes trade and consumer focused titles. The other assets will be sold to B+B Vakmedianet, a Dutch publisher of business- to-business titles. Terms of the deal were not disclosed. About Wolters Kluwer Legal & Regulatory Wolters Kluwer Legal & Regulatory provides customers around the world with expert content, solutions, software, and services in the areas of law, business, and regulatory compliance. It has operations in North America, Europe, and Asia Pacific. The primary customers of Wolters Kluwer Legal & Regulatory include law firms, corporate law departments, business compliance professionals, corporate legal counsels, legal educators, universities, libraries, and government agencies. Wolters Kluwer is a leading global information services and solutions company. It provides information, software, and services that help legal, tax, finance, and healthcare professionals make their most critical decisions effectively and with confidence. Customers depend on Wolters Kluwer services and solutions to successfully move through the complex layers of data and regulation that define modern business and government. Wolters Kluwer had 2012 annual revenues of €3.6 billion. The Group employs over 19,000 people worldwide and maintains operations in over 40 counties across Europe, North America, Asia Pacific, and Latin America. The Company is headquartered in Alphen aan den Rijn, the Netherlands. Wolters Kluwer shares are listed on NYSE Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt program. The ADRs are traded on the over- the-counter market in the U.S. (WTKWY). Visit our website, YouTube, follow @Wolters_Kluwer on Twitter, or look up Wolters Kluwer on Facebook for more information about our customers, market positions, brand, and organization. Forward-looking Statements This press release contains forward-looking statements. These statements may be identified by words such as "expect", "should", "could", "shall" and similar expressions. Wolters Kluwer cautions that such forward-looking statements are qualified by certain risks and uncertainties that could cause actual results and events to differ materially from what is contemplated by the forward-looking statements. Factors which could cause actual results to differ from these forward-looking statements may include, without limitation, general economic conditions; conditions in the markets in which Wolters Kluwer is engaged; behavior of customers, suppliers, and competitors; technological developments; the implementation and execution of new ICT systems or outsourcing; and legal, tax, and regulatory rules affecting Wolters Kluwer's businesses, as well as risks related to mergers, acquisitions, and divestments. In addition, financial risks such as currency movements, interest rate fluctuations, liquidity and credit risks could influence future results. The foregoing list of factors should not be construed as exhaustive. Wolters Kluwer disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Media Investors/Analysts Leslie Bonacum Meg Geldens t +1 847 267 7153 t + 31 172 641 407 info@wolterskluwer.com ir@wolterskluwer.com PDF version of Press Release: http://hugin.info/130682/R/1735286/581421.pdf [HUG#1735286] Source:Wolters Kluwer NV