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D&B Reports 2012 Results; and Provides 2013 Financial Guidance

  D&B Reports 2012 Results; and Provides 2013 Financial Guidance

  *2012 Full Year Diluted EPS Before Non-Core Gains and Charges Up 11%; GAAP
    Diluted EPS Up 22%;
  *Full Year Core Revenue Up 1% Before the Effect of Foreign Exchange; flat
    After the Effect of Foreign Exchange;
  *Full Year Total Revenue on a GAAP Basis Down 5% Both Before and After the
    Effect of Foreign Exchange; and
  *Declares Increased Quarterly Cash Dividend of $0.40 Per Share.

Business Wire

SHORT HILLS, N.J. -- February 11, 2013

D&B (NYSE: DNB), the world's leading source of commercial information and
insight on businesses, today reported results for the fourth quarter and full
year ended December 31, 2012. The Company also announced its 2013 financial
guidance and expected financial flexibility savings.

“2012 proved to be a challenging year primarily due to weakness in our North
America business. While we were not satisfied with our overall top line
performance, we are pleased with the successful completion of the build and
market test of our new data supply chain,” said Sara Mathew, Chairman and
Chief Executive Officer. “Looking ahead, we are focused on driving growth in
North America by leveraging our new infrastructure and making substantial
investments in data and analytics. We believe these actions enhance our
existing offerings and allow us to expand into adjacent markets that provide
the foundation to return our business to sustainable growth.”

Fourth Quarter 2012 Results

Diluted earnings per share before non-core gains and charges for the quarter
ended December 31, 2012 were $2.38, up 8% from $2.21 in the prior year similar
period. On a GAAP basis, diluted earnings per share for the quarter ended
December 31, 2012 were $2.20, up 14% from $1.93 in the prior year similar
period.

See attached Schedule 3 for a reconciliation of diluted earnings per share
before non-core gains and charges to earnings per share on a GAAP basis, as
well as the definitions of the non-GAAP financial measures that the Company
uses to evaluate the business.

Core revenue for the fourth quarter of 2012 was $463.1 million, down 1% both
before and after the effect of foreign exchange, as compared to the prior year
similar period.

Core results for the fourth quarter of 2012 reflect the following by solution
set:

  *Risk Management Solutions revenue of $272.4 million, down 3% both before
    and after the effect of foreign exchange, as compared to the prior year
    similar period;
  *Sales & Marketing Solutions revenue of $162.0 million, up 3% both before
    and after the effect of foreign exchange, as compared to the prior year
    similar period; and
  *Internet Solutions revenue of $28.7 million, down 6% both before and after
    the effect of foreign exchange, as compared to the prior year similar
    period.

Total revenue for the fourth quarter of 2012 was $463.1 million, down 7% both
before and after the effect of foreign exchange, as compared to the prior year
similar period. Total revenue for the fourth quarter of 2011 included the
results from businesses that were divested or shut down.

See attached Schedules 4, 5 and 6 for additional detail.

Deferred revenue for the total company as of December 31, 2012 was $610.7
million, up 2%, as compared to the prior year similar period.

Deferred revenue for North America as of December 31, 2012 was $475.8 million,
flat from the prior year similar period, primarily due to the timing of a
large customer contract. Adjusting for contract timing, North America deferred
revenue was up 1%, as compared to the prior year similar period.

Deferred revenue for total International as of December 31, 2012 was $134.9
million, up 10%, as compared to the prior year similar period.

Operating income before non-core gains and charges for the fourth quarter of
2012 was $172.4 million, up 2% from the prior year similar period. On a GAAP
basis, operating income for the fourth quarter of 2012 was $158.7 million, up
9% from the prior year similar period.

Net income attributable to D&B before non-core gains and charges for the
fourth quarter of 2012 was $103.7 million, down 3% from the prior year similar
period. On a GAAP basis, net income attributable to D&B for the fourth quarter
of 2012 was $96.0 million, up 3% from the prior year similar period.

See attached Schedule 3 for additional detail.

Fourth Quarter 2012 Segment Results

North America

Core revenue for the fourth quarter of 2012 was $352.8 million, down 2% both
before and after the effect of foreign exchange, as compared to the prior year
similar period.

North America core revenue results for the fourth quarter of 2012 reflect the
following:

  *Risk Management Solutions revenue of $182.1 million, down 4% both before
    and after the effect of foreign exchange, as compared to the prior year
    similar period;
  *Sales & Marketing Solutions revenue of $142.9 million, up 3% both before
    and after the effect of foreign exchange, as compared to the prior year
    similar period; and
  *Internet Solutions revenue of $27.8 million, down 7% before the effect of
    foreign exchange (down 6% after the effect of foreign exchange), as
    compared to the prior year similar period.

See attached Schedules 4, 5 and 6 for additional detail.

Total revenue for the fourth quarter of 2012 was $352.8 million, down 2% both
before and after the effect of foreign exchange, as compared to the prior year
similar period. Total revenue for the fourth quarter of 2011 included the
results of Allbusiness and Purisma that were divested.

Operating income before non-core gains and charges for the fourth quarter of
2012 was $157.9 million, down 1% from the prior year similar period, primarily
due to lower total revenue and an increased level of investment activity to
support long term growth initiatives.

On a GAAP basis, operating income for the fourth quarter of 2012 was $157.9
million, up 1% from the prior year similar period.

See attached Schedule 3 for additional detail.

Asia Pacific

Core revenue for the fourth quarter of 2012 was $44.2 million, up 1% both
before and after the effect of foreign exchange, as compared to the prior year
similar period.

Asia Pacific core revenue results for the fourth quarter of 2012 reflect the
following:

  *Risk Management Solutions revenue of $35.9 million, down 5% before the
    effect of foreign exchange (down 4% after the effect of foreign exchange),
    as compared to the prior year similar period;
  *Sales & Marketing Solutions revenue of $8.0 million, up 36% before the
    effect of foreign exchange (up 35% after the effect of foreign exchange),
    as compared to the prior year similar period; and
  *Internet Solutions revenue of $0.3 million, up 2% before the effect of
    foreign exchange, (down 4% after the effect of foreign exchange), as
    compared to the prior year similar period.

Total revenue for the fourth quarter of 2012 was $44.2 million, down 41%
before the effect of foreign exchange (down 40% after the effect of foreign
exchange), as compared to the prior year similar period. Total revenue for the
fourth quarter of 2011 included the results from our market research business
in China, the domestic portion of our Japanese operations and our India
Research and Advisory Services business that were divested, as well as our
Roadway operations in China that were shut down.

See attached Schedules 4, 5 and 6 for additional detail.

Operating income before non-core gains and charges for the fourth quarter of
2012 was $5.4 million, down 11% from the prior year similar period.

On a GAAP basis, operating income for the fourth quarter of 2012 was $5.1
million, down 17% from the prior year similar period.

Europe & Other International Markets

Core and total revenue for the fourth quarter of 2012 was $66.1 million, up 4%
before the effect of foreign exchange (up 3% after the effect of foreign
exchange), as compared to the prior year similar period.

Europe & Other International Markets core and total revenue results for the
fourth quarter of 2012 reflect the following:

  *Risk Management Solutions revenue of $54.4 million, up 6% before the
    effect of foreign exchange (up 4% after the effect of foreign exchange),
    as compared to the prior year similar period;
  *Sales & Marketing Solutions revenue of $11.1 million, down 3% both before
    and after the effect of foreign exchange, as compared to  the prior year
    similar period; and
  *Internet Solutions revenue of $0.6 million, up 39% before the effect of
    foreign exchange (up 40% after the effect of foreign exchange), as
    compared to the prior year similar period.

See attached Schedules 4, 5 and 6 for additional detail.

Operating income for the fourth quarter of 2012 was $22.7 million, up 19% from
the prior year similar period.

Full Year 2012 Results

Diluted earnings per share before non-core gains and charges for the full year
2012 were $6.94, up 11% from $6.25 in the prior year similar period. On a GAAP
basis, diluted earnings per share for the full year 2012 were $6.43, up 22%
from $5.28 in the prior year similar period.

See attached Schedule 3 for additional detail.

Core revenue for the full year 2012 was $1,644.3 million, up 1% before the
effect of foreign exchange (flat after the effect of foreign exchange), as
compared to the prior year similar period.

Core revenue results for the full year 2012 reflect the following by solution
set:

  *Risk Management Solutions revenue of $1,047.6 million, down 2% before the
    effect of foreign exchange (down 3% after the effect of foreign exchange),
    as compared to the prior year similar period;
  *Sales & Marketing Solutions revenue of $478.5 million, up 6% both before
    and after the effect of foreign exchange, as compared to the prior year
    similar period; and
  *Internet Solutions revenue of $118.2 million, down 1% both before and
    after the effect of foreign exchange, as compared to the prior year
    similar period.

See attached Schedules 4, 5 and 6 for additional detail.

Total revenue for the full year 2012 was $1,663.0 million, down 5% both before
and after the effect of foreign exchange, as compared to the prior year
similar period. Total revenue for the full year 2012 and the full year 2011
include the results from businesses that were divested or shut down.

See attached Schedule 3 for additional detail.

Operating income before non-core gains and charges for the full year 2012 was
$520.3 million, up 4% from the prior year similar period. On a GAAP basis,
operating income for the full year 2012 was $432.1 million, up 2% from the
prior year similar period.

Net income attributable to D&B before non-core gains and charges for the full
year 2012 was $318.8 million, up 3% from the prior year similar period. On a
GAAP basis, net income attributable to D&B for the full year 2012 was $295.5
million, up 14% from the prior year similar period.

See attached Schedule 3 for additional detail.

Free cash flow for the full year 2012, excluding the impact of legacy tax
matters, was $283.4 million, including approximately $46 million related to
MaxCV, compared to $251.9 million and $55 million, respectively, in the prior
year similar period. The Company defines free cash flow as net cash provided
by operating activities less capital expenditures and additions to computer
software and other intangibles. Net cash provided by operating activities for
the full year 2012, excluding the impact of legacy tax matters, was $357.8
million, compared to $305.3 million in the prior year similar period. On a
GAAP basis, net cash provided by operating activities for the full year 2012
was $357.8 million, compared to $312.9 million in the prior year similar
period.

See attached Schedule 4 for additional detail.

Share repurchases during the full year 2012 under the Company’s discretionary
repurchase program totaled $480.1 million (approximately 6.5 million shares),
while repurchases made to offset the dilutive effect of shares issued under
employee benefit plans totaled an additional $27.9 million (approximately 0.4
million shares).

Repurchases during the fourth quarter 2012 under the Company’s discretionary
repurchase program totaled $244.1 million (approximately 3.1 million shares),
while repurchases made to offset the dilutive effect of shares issued under
employee benefit plans totaled an additional $23.9 million (approximately 0.3
million shares).

The Company ended 2012 with $149.1 million of cash and cash equivalents and
total gross debt of $1,290.9 million.

Full Year 2012 Segment Results

North America

Core revenue for the full year 2012 was $1,225.6 million, down 1% both before
and after the effect of foreign exchange, as compared to the prior year
similar.

North America core revenue results for the full year 2012 reflect the
following:

  *Risk Management Solutions revenue of $700.6 million, down 4% both before
    and after the effect of foreign exchange, as compared to the prior year
    similar period;
  *Sales & Marketing Solutions revenue of $410.2 million, up 5% both before
    and after the effect of foreign exchange, as compared to the prior year
    similar period; and
  *Internet Solutions revenue of $114.8 million, down 1% both before and
    after the effect of foreign exchange, as compared to the prior year
    similar period.

See attached Schedules 4, 5 and 6 for additional detail.

Total revenue for the full year 2012 was $1,225.6 million, down 2% both before
and after the effect of foreign exchange, as compared to the prior year
similar period. Total revenue for the full year 2011 included the results of
Allbusiness, Purisma and a small supply management company, that were all
divested.

Operating income before non-core gains and charges for the full year 2012 was
$480.9 million, down 1% from the prior year similar period.

On a GAAP basis, operating income for the full year 2012 was $480.9 million,
flat compared to the prior year similar period.

See attached Schedule 3 for additional detail.

Asia Pacific

Core revenue for the full year 2012 was $176.8 million, up 9% before the
effect of foreign exchange (up 7% after the effect of foreign exchange), as
compared to the prior year similar period.

Asia Pacific core revenue results for the full year 2012 reflect the
following:

  *Risk Management Solutions revenue of $147.5 million, up 3% before the
    effect of foreign exchange (up 2% after the effect of foreign exchange),
    as compared to the prior year similar period;
  *Sales & Marketing Solutions revenue of $28.5 million, up 55% before the
    effect of foreign exchange (up 47% after the effect of foreign exchange),
    as compared to the prior year similar period; and
  *Internet Solutions revenue of $0.8 million, flat before the effect of
    foreign exchange (down 10% after the effect of foreign exchange), as
    compared to the prior year similar period.

See attached Schedules 4, 5 and 6 for additional detail.

Total revenue for the full year 2012 was $195.5 million, down 27% both before
and after the effect of foreign exchange, as compared to the prior year
similar period. Total revenue for the full year 2012 and the full year 2011
include the results from businesses that were divested or shut down.

See attached Schedule 3 for additional detail.

Operating income before non-core gains and charges for the full year 2012 was
$19.7 million, up 17% from the prior year similar period.

On a GAAP basis, operating income for the full year 2012 was $4.7 million,
down 72% from the prior year similar period, primarily due to impairment
charges in the current year related to the shut down of our Roadway operations
in China.

Europe & Other International Markets

Core and total revenue for the full year 2012 was $241.9 million, up 3% before
the effect of foreign exchange (down 1% after the effect of foreign exchange),
as compared to the prior year similar period.

Europe & Other International Markets core and total revenue results for the
full year 2012 reflect the following:

  *Risk Management Solutions revenue of $199.5 million, up 4% before the
    effect of foreign exchange (flat after the effect of foreign exchange), as
    compared to the prior year similar period;
  *Sales & Marketing Solutions revenue of $39.8 million, flat before the
    effect of foreign exchange (down 3% after the effect of foreign exchange),
    as compared to the prior year similar period; and
  *Internet Solutions revenue of $2.6 million, up 18% before the effect of
    foreign exchange (up 16% after the effect of foreign exchange), as
    compared to the prior year similar period.

See attached Schedules 4, 5 and 6 for additional detail.

Operating income for the full year 2012 was $68.8 million, up 25% from the
prior year similar period.

MaxCV

In February 2010, D&B announced a Strategic Technology Investment program
aimed at strengthening its leading position in commercial data and improving
its current technology platform to meet the emerging needs of customers. We
refer to this program as “MaxCV.”

In the fourth quarter of 2012, the Company incurred $4.7 million of total
pre-tax expenses (or $0.06 per diluted share) on MaxCV, which is included in
the Non-Core Gains and Charges noted below, and $5.8 million of capital
expenditures and additions to computer software and other intangibles related
to MaxCV.

For the full year 2012, we incurred $30.3 million of total pre-tax expenses
(or $0.45 per diluted share) on MaxCV, which was included in the Non-Core
Gains and Charges, and $28.2 million of capital expenditures and additions to
computer software and other intangibles related to MaxCV.

See attached Schedule 4 for additional detail.

During 2013, we expect to spend between $25 million to $30 million for the
deployment of the Company’s new data supply chain (built as part of our MaxCV
program) to other markets. These costs will be absorbed in our core operating
expenses.

2013 Financial Flexibility

D&B continues to create financial flexibility through several reengineering
initiatives aimed at greater efficiency and effectiveness, including the
following:

  *redesigning and optimizing enabling functions;
  *creating global utilities/shared services;
  *rationalizing and consolidating vendors; and
  *eliminating spend on low ROI activities.

D&B expects its ongoing financial flexibility initiatives to create $70
million to $80 million of financial flexibility in 2013, before any
restructuring charges and before any reallocation of savings generated by the
initiatives. The Company expects to incur pre-tax restructuring charges
totaling $17 million to $22 million associated with its ongoing reengineering
initiatives.

Non-Core Gains and Charges

During the fourth quarter of 2012, the Company recorded:

  *A net pre-tax, non-core charge of $13.4 million and a net after-tax,
    non-core charge of $7.7 million. This compares to a net pre-tax, non-core
    charge of $24.4 million and a net after-tax, non-core charge of $13.5
    million during the fourth quarter of 2011.

For the full year 2012, the Company recorded:

  *A net pre-tax, non-core charge of $96.9 million and a net after-tax,
    non-core charge of $23.3 million. This compares to a net pre-tax, non-core
    charge of $93.8 million and a net after-tax, non-core charge of $48.3
    million for the full year 2011.

See attached Schedule 3 for additional explanations and details of these
charges.

During 2013, in addition to non-core restructuring charges, the Company also
expects to incur non-core legal and other third party charges associated with
its ongoing China investigation.

Both our restructuring charges associated with our 2013 reengineering
activities and our legal and other third party charges related to our ongoing
China investigation are included in our 2013 free cash flow guidance.

D&B's restructuring charges may be viewed as recurring as they are part of its
Financial Flexibility initiatives. In addition to reporting GAAP results, the
Company reports results before restructuring charges and other non-core gains
and charges, such as legal expenses associated with the ongoing China
investigation, because they do not reflect the Company's underlying business
performance and they may have a disproportionate positive or negative impact
on the results of its ongoing business operations. For additional information,
see the section titled "Use of Non-GAAP Financial Measures" below.

Full Year 2013 Guidance

D&B today provided the following financial guidance for the full year 2013:

  *Core revenue growth of 0% to 3%, before the effect of foreign exchange;
  *Operating income decline of 6% to 3%, before non-core gains and charges,
    including $25 million to $30 million in costs related to the deployment of
    our new data supply chain;
  *Diluted EPS growth of 8% to 11%, before non-core gains and charges; and
  *Free cash flow of $270 million to $300 million, which excludes the impact
    of legacy tax matters and any potential regulatory fines associated with
    our China operations.

D&B does not provide guidance on a GAAP basis because D&B is unable to
predict, with reasonable certainty, the future movement of foreign exchange
rates or the future impact of non-core gains and charges, such as
restructuring charges, legacy tax matters,  and the Company’s ongoing China
investigation,  which are a component of the most comparable financial
measures calculated in accordance with GAAP. Non-core gains and charges are
uncertain and will depend on several factors, including industry conditions,
and could be material to D&B's results computed in accordance with GAAP.

Cash Dividend Increased

D&B today announced that it has declared an increased quarterly cash dividend
of $0.40 per share, up from D&B’s prior quarterly dividend of $0.38 per share.
This quarterly cash dividend is payable on March 14, 2013, to shareholders of
record at the close of business on February 27, 2013.

Use of Non-GAAP Financial Measures

D&B reports non-GAAP financial measures in this press release and the
schedules attached. See “Item 7. Management’s Discussion and Analysis of
Financial Condition and Results of Operations – How We Manage Our Business” in
the Company’s Annual Report on Form 10-K for the year ending December 31,
2011, filed February 29, 2012 with the SEC, for a discussion of how the
Company defines these measures, why it uses them and why it believes they
provide useful information to investors. Additionally, these measures are
defined in Schedule 3 attached to this press release.

Fourth Quarter and Full Year 2012 Teleconference

As previously announced, D&B will review its fourth quarter and full year 2012
financial results in a conference call with the investment community on
Tuesday, February 12, 2013, at 8 a.m. ET. Live audio, as well as a replay of
the conference call and other related information, will be accessible on D&B's
Investor Relations Web site at http://investor.dnb.com.

                                **************

About Dun & Bradstreet^®  (D&B)

Dun & Bradstreet (NYSE:DNB) is the world’s leading source of commercial
information and insight on businesses, enabling companies to Decide with
Confidence^® for 171 years. D&B’s global commercial database contains more
than 220 million business records. The database is enhanced by D&B’s
proprietary DUNSRight^® Quality Process, which provides our customers with
quality business information. This quality information is the foundation of
our global solutions that customers rely on to make critical business
decisions.

D&B provides solution sets that meet a diverse set of customer needs globally.
Customers use D&B Risk Management Solutions^TM to mitigate credit and supplier
risk, increase cash flow and drive increased profitability; D&B Sales &
Marketing Solutions^TM to increase revenue from new and existing customers;
and D&B Internet Solutions^TM to convert prospects into clients faster by
enabling business professionals to research companies, executives and
industries, over the web. For more information, please visit www.dnb.com.

Forward-Looking and Cautionary Statements

This press release, including, in particular, the section titled "Full Year
2013 Guidance," contains projections of future results and other
forward-looking statements that involve a number of trends, risks and
uncertainties, and are made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995.

The following important factors could cause actual results to differ
materially from those projected in such forward-looking statements.

  *We rely significantly on third parties to support critical components of
    our business model in a continuous and high quality manner, including
    third-party data providers, strategic third-party members in our D&B
    Worldwide Network, and third parties with whom we have significant
    outsourcing arrangements.
  *The effectiveness of our technology investments and our ability to
    maintain sufficient investment in a technology infrastructure that assists
    us in achieving our strategic goals.
  *Risks associated with potential violations of the Foreign Corrupt
    Practices Act and similar laws, and any consequences of the investigations
    of our China operations.
  *Demand for our products is subject to intense competition, changes in
    customer preferences and economic conditions which impact customer
    behavior.
  *Our solutions and brand image are dependent upon the integrity and
    security of our global database and the continued availability thereof
    through the internet and by other means, as well as our ability to protect
    key assets, such as our data centers;
  *Our ability to secure our information technology infrastructure from cyber
    attack and unauthorized access.
  *Our ability to maintain the integrity of our brand and reputation, which
    we believe are key assets and competitive advantages.
  *Our ability to renew large contracts, including from various government
    institutions, the related revenue recognition and the timing thereof, or a
    shift in product mix, or a significant decrease in government spending,
    may impact our results of operations from period-to-period.
  *As a result of the macro-economic challenges currently affecting the
    global economy, our customers or vendors may experience problems with
    their earnings, cash flow, or both. This may cause our customers to delay,
    cancel or significantly decrease their purchases from us and impact their
    ability to pay amounts owed to us. In addition, our vendors may
    substantially increase their prices without notice. Such behavior may
    materially, adversely affect our earnings and cash flow. In addition, if
    economic conditions in the United States, including any possible impact of
    efforts to balance government deficits, and/or other key markets
    deteriorate further or do not show improvement, we may experience material
    adverse impacts to our business, operating results, and/or access to
    credit markets.
  *Our results are subject to the effects of foreign economies, exchange rate
    fluctuations, legislative or regulatory requirements, such as the adoption
    of new or changes in accounting policies and practices, including
    pronouncements by the Financial Accounting Standards Board or other
    standard setting bodies, the implementation or modification of fees or
    taxes that we must pay to acquire, use, and/or redistribute data, and the
    evolving standards of emerging markets in which we operate. Future laws or
    regulations with respect to the collection, compilation, use and/ or
    publication of information and adverse publicity or litigation concerning
    the commercial use of such information, or changes in the rules governing
    the operation of the Internet, could have a material adverse effect on our
    business and financial results.
  *Our ability to acquire and successfully integrate other complementary
    businesses, products and technologies into our existing business, without
    significant disruption to our existing business or to our financial
    results.
  *The continued adherence by third-party members of our D&B Worldwide
    Network, or other third parties who license and sell under the D&B name,
    to our quality standards, our brand and communication standards and to the
    terms and conditions of our commercial services arrangements, and the
    renewal by third-party members of the D&B Worldwide Network of their
    agreements with D&B
  *The profitability of our international businesses depends on our ability
    to identify and execute on various initiatives, such as successfully
    managing our D&B Worldwide Network, enforcing agreements, collecting
    receivables and protecting assets in non-U.S. legal systems, complying
    with the Foreign Corrupt Practices Act and other anti-bribery and
    anti-corruption laws in all jurisdictions, and our ability to identify and
    contend with various challenges present in foreign markets, such as local
    competition and the availability of public records at no cost, or the
    adoption of new laws or regulations governing the collection, compilation,
    use and/or publication of information, particularly in emerging markets.
  *Our future success requires that we attract and retain qualified
    personnel, including members of our sales force and technology teams, in
    regions throughout the world.
  *Our ability to successfully implement our growth strategy requires that we
    successfully reduce our expense base through our Financial Flexibility
    initiatives, and reallocate certain of the expense-base reductions into
    initiatives that produce desired revenue growth.
  *Our ability to fund our obligations under our retirement and post
    retirement pension plans which are subject to financial market risks.
  *We are involved in various legal proceedings, the outcomes of which are
    unknown and uncertain with respect to the impact on our cash flow and
    profitability;
  *Our ability to repurchase shares is subject to market conditions,
    including trading volume in our stock, and our ability to repurchase
    shares in accordance with applicable securities laws.
  *Our projection for free cash flow is dependent upon our ability to
    generate revenue, our collection processes, customer payment patterns, the
    timing and volume of stock option exercises and the amount and timing of
    payments related to the tax and other matters and legal proceedings in
    which we are involved.

For a more detailed discussion of the trends, risks and uncertainties that may
affect D&B's operating and financial results and its ability to achieve the
financial objectives discussed in this press release, readers should review
the Company's filings with the SEC, including its most recent Annual Report on
Form 10-K and Quarterly Reports on Form 10-Q. Copies of the Company's Annual
Report on Form 10-K and Quarterly Reports on Form 10-Q are available on its
Web site at www.dnb.com and on the SEC's Web site at www.sec.gov. D&B cautions
that the foregoing list of important factors is not complete and except as
otherwise required by federal securities laws does not undertake any
obligation to update any forward-looking statement.

The Dun & Bradstreet Corporation                                                                                  Schedule
                                                                                                                         1
Consolidated Statement of Operations (unaudited)
- GAAP Results
                                     
                                                   Effects                                                    Effects
                                                   of                                                         of
                 Quarter Ended           AFX       Foreign    BFX       Year-To-Date                AFX       Foreign    BFX
                 December 31,            %         Exchange   %         December 31,                %         Exchange   % Change
                                         Change               Change                                Change
Dollar amounts
in millions,     2012        2011        Fav       Fav        Fav       2012          2011          Fav       Fav        Fav
except per                               (Unfav)   (Unfav)    (Unfav)                               (Unfav)   (Unfav)    (Unfav)
share data
                                                                                                                         
Revenue:
                                                                                                                         
North America    $ 352.8     $ 358.9     (2   %)   0     %    (2   %)   $ 1,225.6     $ 1,238.1     (1   %)   0    %     (1   %)
                                                                                                                         
Asia Pacific       44.2        43.6      1    %    0     %    1    %      176.8         164.8       7    %    (2   %)    9    %
Europe and
Other             66.1      64.4     3    %    (1    %)   4    %     241.9       243.4      (1   %)   (4   %)    3    %
International
Markets
International      110.3       108.0     2    %    (1    %)   3    %      418.7         408.2       3    %    (2   %)    5    %
                                                                                  
Core Revenue     $ 463.1     $ 466.9     (1   %)   0     %    (1   %)   $ 1,644.3     $ 1,646.3     0    %    (1   %)    1    %
                                                                                                                         
Divested and
Other Business     -           31.8      N/M       N/M        N/M         18.7          112.2       (83  %)   1    %     (84  %)
(1)
                                                                                  
Total Revenue    $ 463.1    $ 498.7    (7   %)   0     %    (7   %)   $ 1,663.0    $ 1,758.5    (5   %)   0    %     (5   %)
                                                                                                                         
Operating
Income (Loss):
                                                                                                                         
North America    $ 157.9     $ 156.1     1    %                         $ 480.9       $ 480.1       0    %
(2)
                                                                                                                         
Asia Pacific       5.1         6.1       (17  %)                          4.7           16.8        (72  %)
(3)
Europe and
Other             22.7      19.1     19   %                          68.8        55.3       25   %
International
Markets
International      27.8        25.2      11   %                           73.5          72.1        2    %
                                                                                                                         
Corporate and      (27.0 )     (36.2 )   25   %                           (122.3  )     (127.4  )   4    %
Other (4)
                                                                                  
Total
Operating          158.7       145.1     9    %                           432.1         424.8       2    %
Income
                                                                                                                         
Interest           0.3         0.2       68   %                           0.8           1.5         (42  %)
Income
Interest           (11.7 )     (9.6  )   (23  %)                          (39.5   )     (37.0   )   (7   %)
Expense
Other Income
(Expense) -        (6.3  )     (0.7  )   N/M                              (15.1   )     (21.2   )   29   %
Net (5)
                                                                                  
Non-Operating
Income             (17.7 )     (10.1 )   (76  %)                          (53.8   )     (56.7   )   5    %
(Expense) -
Net
                                                                                  
Income Before
Provision for      141.0       135.0     4    %                           378.3         368.1       3    %
Income Taxes
                                                                                                                         
Less:
Provision for      45.8        40.8      (12  %)                          83.1          109.2       24   %
Income Taxes
Equity in Net
Income (Loss)      0.0         0.2       (40  %)                          1.3           1.3         3    %
of Affiliates
                                                                                  
Net Income         95.2        94.4      1    %                           296.5         260.2       14   %
                                                                                                                         
Less: Net
(Income) Loss
Attributable       0.8         (0.9  )   N/M                              (1.0    )     0.1         N/M
to the
Noncontrolling
Interest (6)
                                                                                  
Net Income
Attributable      96.0      93.5     3    %                          295.5       260.3      14   %
to D&B (7)
                                                                                                                         
Less:
Allocation to      0.0         (0.1  )   100  %                           (0.1    )     (0.3    )   78   %
Participating
Securities
                                                                                  
Net Income
Attributable     96.0      93.4     3    %                          295.4       260.0      14   %
to D&B Common
Shareholders
                                                                                                                         
Basic Earnings
Per Share of
Common Stock
                $ 2.22     $ 1.94     14   %                         $ 6.47       $ 5.31       22   %
Attributable
to D&B Common
Shareholders
                                                                                                                         
Diluted
Earnings Per
Share of
Common Stock
                $ 2.20     $ 1.93     14   %                         $ 6.43       $ 5.28       22   %
Attributable
to D&B Common
Shareholders
(8)
                                                                                  
Weighted
Average Number
of Shares
Outstanding:
Basic             43.3      48.1     10   %                          45.6        48.9       7    %
Diluted           43.6      48.3     10   %                          46.0        49.3       7    %


AFX - After Effects of Foreign Exchange
BFX - Before Effects of Foreign Exchange
N/M - Not Meaningful

See Schedule 3 (Notes to Schedules), which is an integral part of the
consolidated statement of operations.
This financial information should be read in conjunction with the consolidated
financial statements and related notes of The Dun & Bradstreet Corporation
contained in filings with the Securities and Exchange Commission.


                                                                                                                 
The Dun & Bradstreet Corporation                                                                                       Schedule
                                                                                                                       2
Consolidated Statement of Operations (unaudited) - Before Non-Core
Gains and Charges
                                                       
                                                 Effects                                                    Effects
                                                 of                                                         of
               Quarter Ended           AFX       Foreign    BFX       Year-To-Date                AFX       Foreign    BFX
               December 31,            %         Exchange   %         December 31,                %         Exchange   % Change
                                       Change               Change                                Change
Dollar
amounts in                             Fav       Fav        Fav                                   Fav       Fav        Fav
millions,      2012        2011        (Unfav)   (Unfav)    (Unfav)   2012          2011          (Unfav)   (Unfav)    (Unfav)
except per
share data
                                                                                                                       
Revenue:
                                                                                                                       
North America  $ 352.8     $ 358.9     (2   %)   0     %    (2   %)   $ 1,225.6     $ 1,238.1     (1   %)   0    %     (1   %)
                                                                                                                       
Asia Pacific     44.2        43.6      1    %    0     %    1    %      176.8         164.8       7    %    (2   %)    9    %
Europe and
Other           66.1      64.4     3    %    (1    %)   4    %     241.9       243.4      (1   %)   (4   %)    3    %
International
Markets
International    110.3       108.0     2    %    (1    %)   3    %      418.7         408.2       3    %    (2   %)    5    %
                                                                                
Core Revenue   $ 463.1     $ 466.9     (1   %)   0     %    (1   %)   $ 1,644.3     $ 1,646.3     0    %    (1   %)    1    %
                                                                                                                       
Divested and
Other            -           31.8      N/M       N/M        N/M         18.7          112.2       (83  %)   1    %     (84  %)
Business (1)
                                                                                
Total Revenue  $ 463.1    $ 498.7    (7   %)   0     %    (7   %)   $ 1,663.0    $ 1,758.5    (5   %)   0    %     (5   %)
                                                                                                                       
Operating
Income
(Loss):
                                                                                                                       
North America  $ 157.9     $ 159.4     (1   %)                        $ 480.9       $ 483.4       (1   %)
(2)
                                                                                                                       
Asia Pacific     5.4         6.1       (11  %)                          19.7          16.8        17   %
(3)
Europe and
Other           22.7      19.1     19   %                          68.8        55.3       25   %
International
Markets
International    28.1        25.2      12   %                           88.5          72.1        23   %
                                                                                                                       
Corporate and    (13.6 )     (14.8 )   8    %                           (49.1   )     (55.4   )   11   %
Other (4)
                                                                                
Total
Operating        172.4       169.8     2    %                           520.3         500.1       4    %
Income
                                                                                                                       
Interest         0.3         0.2       68   %                           0.8           1.5         (42  %)
Income
Interest         (11.7 )     (9.6  )   (23  %)                          (39.5   )     (37.0   )   (7   %)
Expense
Other Income
(Expense) -      (6.6  )     (1.0  )   N/M                              (6.4    )     (2.7    )   N/M
Net (5)
                                                                                
Non-Operating
Income           (18.0 )     (10.4 )   (75  %)                          (45.1   )     (38.2   )   (18  %)
(Expense) -
Net
                                                                                
Income Before
Provision for    154.4       159.4     (3   %)                          475.2         461.9       3    %
Income Taxes
                                                                                                                       
Less:
Provision for    51.5        51.7      0    %                           156.8         154.7       (1   %)
Income Taxes
Equity in Net
Income (Loss)    0.0         0.2       (40  %)                          1.3           1.3         3    %
of Affiliates
                                                                                
Net Income       102.9       107.9     (5   %)                          319.7         308.5       4    %
                                                                                                                       
Less: Net
(Income) Loss
Attributable     0.8         (0.9  )   N/M                              (0.9    )     0.1         N/M
to the
Noncontrolling
Interest (6)
                                                                                
Net Income
Attributable    103.7     107.0    (3   %)                         318.8       308.6      3    %
to D&B (7)
                                                                                                                       
Less:
Allocation to    0.0         (0.1  )   100  %                           (0.1    )     (0.4    )   80   %
Participating
Securities
                                                                                
Net Income
Attributable    103.7     106.9    (3   %)                         318.7       308.2      3    %
to D&B Common
Shareholders
                                                                                                                       
Basic Earnings
Per Share of
Common Stock
               $ 2.40     $ 2.23     8    %                         $ 6.98       $ 6.30       11   %
Attributable
to D&B Common
Shareholders
                                                                                                                       
Diluted
Earnings Per
Share of
Common Stock
               $ 2.38     $ 2.21     8    %                         $ 6.94       $ 6.25       11   %
Attributable
to D&B Common
Shareholders
(8)
                                                                                
Weighted
Average
Number of
Shares
Outstanding:
Basic           43.3      48.1     10   %                          45.6        48.9       7    %
Diluted         43.6      48.3     10   %                          46.0        49.3       7    %


AFX - After Effects of Foreign Exchange
BFX - Before Effects of Foreign Exchange
N/M - Not Meaningful

See Schedule 3 (Notes to Schedules), which is an integral part of the
consolidated statement of operations.
This financial information should be read in conjunction with the consolidated
financial statements and related notes of The Dun & Bradstreet Corporation
contained in filings with the Securities and Exchange Commission.


                                                              
The Dun & Bradstreet Corporation                                    Schedule 3
Notes to Schedules 1 and 2 (unaudited) and Definitions of Non-GAAP Measures
                      
                                                                    
                                                                    
                                                                    
                                                                    
      The following
      table reconciles
      Divested and
(1)   Other Business
      included in
      Schedule 1 and
      Schedule 2:
                         Quarter Ended                 Year-To-Date
                         December 31,                  December 31,
      Amounts in         2012         2011             2012         2011
      millions
                                                                    
      Divested and
      Other Business:
      Purisma            $ -          $ 0.6            $ -          $ 3.7
      AllBusiness          -            0.8              -            3.9
      Small Supply
      Management           -            -                -            1.1
      Company in North
      America
      Domestic Portion
      of Japan             -            18.8             12.7         64.2
      Operations
      Market Research
      Business in          -            4.7              -            16.0
      China
      Roadway China        -            6.5              5.4          22.0
      India Research
      and Advisory        -          0.4            0.6        1.3    
      Services
                                                                    
      Total Divested
      and Other          $ -         $ 31.8          $ 18.7      $ 112.2  
      Business
                                                                    
      The following
      table reconciles
      North America
(2)   Operating Income
      included in
      Schedule 1 and
      Schedule 2:
                                                                    
                         Quarter Ended                 Year-To-Date
                         December 31,                  December 31,
                                                                    
      Amounts in         2012         2011             2012         2011
      millions
                                                                    
      North America
      Operating Income   $ 157.9      $ 156.1          $ 480.9      $ 480.1
      (Schedule 1)
                                                                    
      Impaired
      Intangible          -          (3.3   )        -          (3.3   )
      Assets
                                                                    
      North America
      Operating Income
      - Before           $ 157.9     $ 159.4         $ 480.9     $ 483.4  
      Non-Core Gains
      and Charges
      (Schedule 2)
                                                                    
                                                                    
      The following
      table reconciles
      Asia Pacific
(3)   Operating Income
      included in
      Schedule 1 and
      Schedule 2:
                         Quarter Ended                 Year-To-Date
                         December 31,                  December 31,
      Amounts in         2012         2011             2012         2011
      millions
                                                                    
      Asia Pacific
      Operating Income   $ 5.1        $ 6.1            $ 4.7        $ 16.8
      - GAAP Results
      (Schedule 1)
                                                                    
      Legal Fees and
      Other Shut-Down
      Costs Associated     (0.3   )     -                (2.1   )     -
      with Matters in
      China
      Impairments
      Related to          -          -              (12.9  )    -      
      Matters in China
                                                                    
      Asia Pacific
      Operating Income
      - Before           $ 5.4       $ 6.1           $ 19.7      $ 16.8   
      Non-Core Gains
      and Charges
      (Schedule 2)
                                                                    
      The following
      table reconciles
      Corporate and
(4)   Other expenses
      included in
      Schedule 1 and
      Schedule 2:
                         Quarter Ended                 Year-To-Date
                         December 31,                  December 31,
      Amounts in         2012         2011             2012         2011
      millions
                                                                    
      Corporate and
      Other - GAAP       $ (27.0  )   $ (36.2  )       $ (122.3 )   $ (127.4 )
      Results
      (Schedule 1)
                                                                    
      Restructuring        (6.2   )     (4.1   )         (29.4  )     (22.1  )
      Charges
      MaxCV                (4.7   )     (12.2  )         (30.3  )     (44.8  )
      Settlement of
      Legacy Pension       -            (5.1   )         -            (5.1   )
      Obligation
      Legal Fees and
      Other Shut-Down
      Costs Associated    (2.5   )    -              (13.5  )    -      
      with Matters in
      China
                                                                    
      Corporate and
      Other - Before
      Non-Core Gains     $ (13.6  )   $ (14.8  )       $ (49.1  )   $ (55.4  )
      and Charges
      (Schedule 2)
                                                                    
      The following
      table reconciles
      Other Income
(5)   (Expense)-Net
      included in
      Schedule 1 and
      Schedule 2:
                         Quarter Ended                 Year-To-Date
                         December 31,                  December 31,
      Amounts in         2012         2011             2012         2011
      millions
                                                                    
      Other Income
      (Expense)-Net -    $ (6.3   )   $ (0.7   )       $ (15.1  )   $ (21.2  )
      GAAP Results
      (Schedule 1)
      Effect of Legacy     0.2          0.3              (14.8  )     (7.1   )
      Tax Matters
      Gain (Loss) on
      Sale of              0.1          -                6.1          -
      Businesses
      Gain (Loss) on       -            -                -            (11.4  )
      Investment
                                                                 
      Other Income
      (Expense)-Net -
      Before Non-Core    $ (6.6   )   $ (1.0   )       $ (6.4   )   $ (2.7   )
      Gains and
      Charges
      (Schedule 2)
                                                                    
                         Quarter Ended                 Year-To-Date
                         December 31,                  December 31,
      Amounts in         2012         2011             2012         2011
      millions
      Total Pre-Tax
      Impacts:
      Impaired
      Intangible         $ -          $ (3.3   )       $ -          $ (3.3   )
      Assets
      Restructuring        (6.2   )     (4.1   )         (29.4  )     (22.1  )
      Charges
      MaxCV                (4.7   )     (12.2  )         (30.3  )     (44.8  )
      Settlement of
      Legacy Pension       -            (5.1   )         -            (5.1   )
      Obligation
      Legal Fees and
      Other Shut-Down
      Costs Associated     (2.8   )     -                (15.6  )     -
      with Matters in
      China
      Impairments
      Related to           -            -                (12.9  )     -
      Matters in China
      Effect of Legacy     0.2          0.3              (14.8  )     (7.1   )
      Tax Matters
      Gain (Loss) on
      Sale of              0.1          -                6.1          -
      Businesses
      Gain (Loss) on       -            -                -            (11.4  )
      Investment
                                                                 
      Total Pre-Tax      $ (13.4  )   $ (24.4  )       $ (96.9  )   $ (93.8  )
      Impacts
                                                                    
      The following
      table reconciles
      Net Income
      (Loss)
(6)   Attributable to
      the
      Noncontrolling
      Interest
      Schedule 1 and
      Schedule 2:
                         Quarter Ended                 Year-To-Date
                         December 31,                  December 31,
      Amounts in         2012         2011             2012         2011
      millions
                                                                    
      Net Income
      (Loss)
      Attributable to
      the                $ 0.8        $ (0.9   )       $ (1.0   )   $ 0.1
      Noncontrolling
      Interest - GAAP
      Results
      (Schedule 1)
      Minority Share
      of Gain on Sale      -            -                (0.9   )     -
      of Business
      Impairments
      Related to           -            -                0.8          -
      Matters in China
                                                                 
      Net Income
      (Loss)
      Attributable to
      the
      Noncontrolling     $ 0.8       $ (0.9   )       $ (0.9   )   $ 0.1    
      Interest -
      Before Non-Core
      Gains and
      Charges
      (Schedule 2)
                                                                    
      The following
      table reconciles
      Net Income
(7)   Attributable to
      D&B included in
      Schedule 1 and
      Schedule 2:
                         Quarter Ended                 Year-To-Date
                         December 31,                  December 31,
      Amounts in         2012         2011             2012         2011
      millions
                                                                    
      Net Income
      Attributable to
      D&B - GAAP         $ 96.0       $ 93.5           $ 295.5      $ 260.3
      Results
      (Schedule 1)
                                                                    
      Restructuring        (4.0   )     (2.4   )         (18.7  )     (14.2  )
      Charges
      Impaired
      Intangible           -            (2.1   )         -            (2.1   )
      Assets
      MaxCV                (2.5   )     (9.1   )         (20.8  )     (34.3  )
      Settlement of
      Legacy Pension       -            (3.2   )         -            (3.2   )
      Obligation
      Legal Fees and
      Other Shut-Down
      Costs Associated     (1.8   )     -                (10.4  )     -
      with Matters in
      China
      Impairments
      Related to           -            -                (12.1  )     -
      Matters in China
      Gain (Loss) on       -            3.2              -            (7.9   )
      Investment
      Effect of Legacy     -            0.1              13.0         4.9
      Tax Matters
      Gain (Loss) on
      Sale of              0.1          -                11.2         -
      Businesses
      Minority Share
      of Gain on Sale      -            -                (0.9   )     -
      of Business
      Tax Benefit on a
      Loss on the Tax      0.5          -                15.4         8.5
      Basis of a Legal
      Entity
                                                                 
      After-Tax Impact     (7.7   )     (13.5  )         (23.3  )     (48.3  )
                                                                 
      Net Income
      Attributable to
      D&B - Before       $ 103.7     $ 107.0         $ 318.8     $ 308.6  
      Non-Core Gains
      and Charges
      (Schedule 2)
                                                                    
                                                                    
      The following
      table reconciles
      Diluted Earnings
(8)   Per Share
      Attributable to
      D&B included in
      Schedule 1 and
      Schedule 2:
                         Quarter Ended                 Year-To-Date
                         December 31,                  December 31,
                        2012         2011             2012         2011
                                                                    
      Diluted EPS
      Attributable to
      D&B - GAAP         $ 2.20       $ 1.93           $ 6.43       $ 5.28
      Results
      (Schedule 1)
                                                                    
      Restructuring        ($0.09 )     ($0.05 )         ($0.41 )     ($0.29 )
      Charges
      Impaired
      Intangible           -            (0.04  )         -            (0.04  )
      Assets
      MaxCV                (0.06  )     (0.19  )         (0.45  )     (0.69  )
      Settlement of
      Legacy Pension       -            (0.07  )         -            (0.06  )
      Obligation
      Legal Fees and
      Other Shut-Down
      Costs Associated     (0.04  )     -                (0.22  )     -
      with Matters in
      China
      Impairments
      Related to           -            -                (0.26  )     -
      Matters in China
      Gain (Loss) on       -            0.07             -            (0.16  )
      Investment
      Minority Share
      of Gain on Sale      -            -                (0.02  )     -
      of Business
      Effect of Legacy     -            -                0.28         0.10
      Tax Matters
      Gain (Loss) on
      Sale of              -            -                0.24         -
      Businesses
      Tax Benefit on a
      Loss on the Tax      0.01         -                0.33         0.17
      Basis of a Legal
      Entity
                                                                 
      Diluted EPS
      Attributable to
      D&B - Before       $ 2.38      $ 2.21          $ 6.94      $ 6.25   
      Non-Core Gains
      and Charges
      (Schedule 2)


N/M - Not Meaningful

The following defines the non-GAAP measures used to evaluate performance:

*Total revenue excluding the revenue of divested and shut-down businesses is
referred to as “core revenue.” Core revenue includes the revenue from acquired
businesses from the date of acquisition
*Core revenue growth, excluding the effects of foreign exchange, is referred
to as “core revenue growth before the effects of foreign exchange.” We also
separately, from time to time, analyze core revenue growth before the effects
of foreign exchange among two components, “organic core revenue growth” and
“core revenue growth from acquisitions”
*Results (such as operating income, operating income growth, operating margin,
net income, tax rate and diluted earnings per share) exclude Restructuring
Charges (whether recurring or non-recurring) and certain other items that we
consider do not reflect our underlying business performance. We refer to these
Restructuring Charges and other items as “non-core gains and (charges)”
* Net cash provided by operating activities minus capital expenditures and
additions to computer software and other intangibles is referred to as “free
cash flow”

This financial information should be read in conjunction with the consolidated
financial statements and related notes of The Dun & Bradstreet Corporation
contained in filings with the Securities and Exchange Commission.


<td class="bwpadl0 bwnowrap bwpadr0 bwvertalignb*Story too large*
                                                                                                                                           
The Dun & Bradstreet Corporation                                                                                                                  Schedule 4
Supplemental GAAP Financial Data (unaudited)
                                             
                                                                                                                                                   
                                                                                                                                                   
                     Quarter Ended                             Effects of                  Year-To-Date                              Effects of
                     December 31,                AFX           Foreign       BFX           December 31,                AFX           Foreign       BFX
                                                 % Change      Exchange      % Change                                  % Change      Exchange      % Change
    Amounts in       2012           2011         Fav/(Unfav)  Fav/(Unfav)  Fav/(Unfav)  2012          2011          Fav/(Unfav)   Fav/(Unfav)   Fav/(Unfav)
    millions
                                                                                                                                                   
    Geographic and
    Customer
    Solution Set
    Revenue:
    North America:
    Risk
    Management       $ 182.1        $ 189.9        (4     )%     0      %      (4     )%   $ 700.6       $ 729.7         (4     )%   0      %      (4     )%
    Solutions
    Sales &
    Marketing          142.9          139.3        3      %      0      %      3      %      410.2         392.4         5      %    0      %      5      %
    Solutions
    Internet          27.8         29.7        (6     )%     1      %      (7     )%    114.8       116.0        (1     )%   0      %      (1     )%
    Solutions
                                                                                                                                                   
    Subtotal Core      352.8          358.9        (2     )%     0      %      (2     )%     1,225.6       1,238.1       (1     )%   0      %      (1     )%
    Revenue
                                                                                                                                                   
    Divested and
    Other Business     -              1.4          N/M           N/M           N/M           -             8.7           N/M         N/M           N/M
    ^1
                                                                                                      
    Total North
    America            352.8          360.3        (2     )%     0      %      (2     )%     1,225.6       1,246.8       (2     )%   0      %      (2     )%
    Revenue
                                                                                                                                                   
    Asia Pacific:
    Risk
    Management       $ 35.9         $ 37.4         (4     )%     1      %      (5     )%   $ 147.5       $ 144.5         2      %    (1     )%     3      %
    Solutions
    Sales &
    Marketing          8.0            6.0          35     %      (1     )%     36     %      28.5          19.4          47     %    (8     )%     55     %
    Solutions
    Internet          0.3          0.2         (4     )%     (6     )%     2      %     0.8         0.9          (10    )%   (10    )%     0      %
    Solutions
                                                                                                                                                   
    Subtotal Core      44.2           43.6         1      %      0      %      1      %      176.8         164.8         7      %    (2     )%     9      %
    Revenue
                                                                                                                                                   
    Divested and
    Other Business     -              30.4         N/M           N/M           N/M           18.7          103.5         (82    )%   0      %      (82    )%
    ^1
                                                                                                      
    Total Asia
    Pacific            44.2           74.0         (40    )%     1      %      (41    )%     195.5         268.3         (27    )%   0      %      (27    )%
    Revenue
                                                                                                                                                   
    Europe and
    Other
    International
    Markets:
    Risk
    Management       $ 54.4         $ 52.5         4      %      (2     )%     6      %    $ 199.5       $ 200.3         0      %    (4     )%     4      %
    Solutions
    Sales &
    Marketing          11.1           11.4         (3     )%     0      %      (3     )%     39.8          40.8          (3     )%   (3     )%     0      %
    Solutions
    Internet          0.6          0.5         40     %      1      %      39     %     2.6         2.3          16     %    (2     )%     18     %
    Solutions
                                                                                                                                                   
    Subtotal Core      66.1           64.4         3      %      (1     )%     4      %      241.9         243.4         (1     )%   (4     )%     3      %
    Revenue
                                                                                                                                                   
    Divested and
    Other Business     -              -            0      %      0      %      0      %      -             -             0      %    0      %      0      %
    ^1
                                                                                                      
    Total Europe
    and Other
    International      66.1           64.4         3      %      (1     )%     4      %      241.9         243.4         (1     )%   (4     )%     3      %
    Markets
    Revenue
                                                                                                                                                   
    International
    Risk
    Management       $ 90.3         $ 89.9         1      %      0      %      1      %    $ 347.0       $ 344.8         1      %    (2     )%     3      %
    Solutions
    Sales &
    Marketing          19.1           17.4         10     %      0      %      10     %      68.3          60.2          14     %    (3     )%     17     %
    Solutions
    Internet          0.9          0.7         26     %      (1     )%     27     %     3.4         3.2          8      %    (5     )%     13     %
    Solutions
                                                                                                                                                   
    Subtotal Core      110.3          108.0        2      %      (1     )%     3      %      418.7         408.2         3      %    (2     )%     5      %
    Revenue
                                                                                                                                                   
    Divested and
    Other Business     -              30.4         N/M           N/M           N/M           18.7          103.5         (82    )%   0      %      (82    )%
    ^1
                                                                                                      
    Total
    International      110.3          138.4        (20    )%     0      %      (20    )%     437.4         511.7         (15    )%   (2     )%     (13    )%
    Revenue
                                                                                                                                                   
    Total
    Corporation:
    Risk
    Management       $ 272.4        $ 279.8        (3     )%     0      %      (3     )%   $ 1,047.6     $ 1,074.5       (3     )%   (1     )%     (2     )%
    Solutions
    Sales &
    Marketing          162.0          156.7        3      %      0      %      3      %      478.5         452.6         6      %    0      %      6      %
    Solutions
    Internet          28.7         30.4        (6     )%     0      %      (6     )%    118.2       119.2        (1     )%   0      %      (1     )%
    Solutions
                                                                                                                                                   
    Subtotal Core      463.1          466.9        (1     )%     0      %      (1     )%     1,644.3       1,646.3       0      %    (1     )%     1      %
    Revenue
                                                                                                                                                   
    Divested and
    Other Business     -              31.8         N/M           N/M           N/M           18.7          112.2         (83    )%   1      %      (84    )%
    ^1
                                                                                                      
    Total
    Corporation       463.1        498.7       (7     )%     0      %      (7     )%    1,663.0     1,758.5      (5     )%   0      %      (5     )%
    Revenue
                                                                                                                                                   
    Operating
    Costs:
    Operating        $ 125.8        $ 156.0        19     %                                $ 521.0       $ 587.1         11     %
    Expenses
    Selling and
    Administrative     154.0          173.0        11     %                                  602.2         643.4         6      %
    Expenses
    Depreciation
    and                18.4           20.5         10     %                                  78.3          81.1          4      %
    Amortization
    Restructuring     6.2          4.1         (54    )%                                29.4        22.1         (34    )%
    Expense
                                                                                                                                                   
    Total
    Operating        $ 304.4       $ 353.6       14     %                                $ 1,230.9    $ 1,333.7      8      %
    Costs ^2
                                                                                                                                                   
    Capital
    Expenditures     $ 4.9         $ 3.2         (52    )%                               $ 7.0        $ 6.2          (12    )%
    ^3
                                                                                                                                                   
    Additions to
    Computer
    Software &       $ 17.6        $ 17.5        (1     )%                               $ 67.4       $ 47.2         (43    )%
    Other
    Intangibles ^3
                                                                                                                                                   
                                                                                                                                                   
                     Quarter Ended
                                                                                                                                                   
    Amounts in       Dec 31, 2012   Sep 30,      Jun 30,       Mar 31,       Dec 31,       Sep 30,       Jun 30,       Mar 31,
    millions                        2012         2012          2012          2011          2011          2011          2011
                                                                                                                                                   
    Net Debt
    Position:
    Cash and Cash    $ 149.1        $ 137.0      $ 118.6       $ 117.7       $ 84.4        $ 89.5        $ 83.1        $ 83.6
    Equivalents
    Short-Term         (0.2     )     (400.2 )     (400.6 )      (1.0   )      (1.1   )      (188.6  )     (160.9  )     (2.1   )
    Debt
    Long-Term Debt    (1,290.7 )    (623.9 )    (613.0 )     (841.8 )     (963.9 )     (704.6  )    (700.6  )    (888.6 )
                                                                                                                                                   
    Net Debt         $ (1,141.8 )   $ (887.1 )   $ (895.0 )    $ (725.1 )    $ (880.6 )    $ (803.7  )   $ (778.4  )   $ (807.1 )
                                                                                                                                                   
                                                                                                                                                   
                                    Year-To-Date
                                                                                                                                                   
                                                                                                                                                   
    Amounts in                    Dec 31,      Dec 31,       % Change
    millions                        2012         2011          Fav/(Unfav)
                                                                                                                                                   
    Free Cash
    Flow:
    Net Cash
    Provided By
    Operating                       $ 357.8      $ 312.9         14     %
    Activities
    (GAAP Results)
    Less:
    Capital
    Expenditures                      7.0          6.2           (12    )%
    (GAAP Results)
    ^ 3
    Additions to
    Computer
    Software &
    Other                            67.4       47.2         (43    )%
    Intangibles
    (GAAP Results)
    ^ 3
                                                                                                                                                   
    Free Cash Flow                  $ 283.4      $ 259.5         9      %
    Legacy Tax
    Matters                          -          (7.6   )      N/M
    (Refund)
    Payment
    Free Cash Flow
    Excluding                       $ 283.4     $ 251.9        13     %
    Legacy Tax
    Matters
                                                                                                                                                   
                                                                                                                                                   
                                    Year-To-Date
                                                                                                                                                   
                                                                                                                                                   
    Amounts in                    Dec 31,      Dec 31,       % Change
    millions                        2012         2011          Fav/(Unfav)
                                                                                                                                                   
    Net Cash
    Provided By
    Operating
    Activities
    excluding
    Legacy Tax
    Matters:
    Net Cash
    Provided By
    Operating                       $ 357.8      $ 312.9         14     %
    Activities
    (GAAP Results)
    Legacy Tax
    Matters                          -          (7.6   )      N/M
    (Refund)
    Payment
                                                                                                                                                   
    Net Cash
    Provided By
    Operating
    Activities                      $ 357.8     $ 305.3       17     %
    Excluding
    Legacy Tax
    Matters
                                                                                                                                                   
                                                                                                                                                   
Notes:
                                                                                                                                                   
                     Quarter Ended                                                         Year-To-Date
                     December 31,                                                          December 31,
                                                                                                                                                   
                     2012           2011                                                   2012          2011
    Divested and
1   Other
    Business:
    North America:
    Risk
    Management       $ 0.0          $ 0.0                                                  $ 0.0         $ 1.1
    Solutions
    Sales &
    Marketing          0.0            0.6                                                    0.0           3.7
    Solutions
    Internet          0.0          0.8                                                  0.0         3.9     
    Solutions
    Total Divested
    and Other        $ 0.0         $ 1.4                                                 $ 0.0        $ 8.7     
    Business
    Asia Pacific:
    Risk
    Management       $ 0.0          $ 10.5                                                 $ 9.3         $ 38.7
    Solutions
    Sales &
    Marketing          0.0            19.8                                                   9.4           64.7
    Solutions
    Internet          0.0          0.1                                                  0.0         0.1     
    Solutions
    Total Divested
    and Other        $ 0.0         $ 30.4                                                $ 18.7       $ 103.5   
    Business
    Europe and
    Other
    International
    Markets:
    Risk
    Management       $ 0.0          $ 0.0                                                  $
    Solutions

[TRUNCATED]
 
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