BLOOMBERG LAW NAMES LOU ANDREOZZI CHAIRMAN, LARRY THOMPSON COO

(The following press release was issued by Bloomberg.)

FOR IMMEDIATE RELEASE Monday, October 18, 2010

Leading Executives in the Legal Research Industry Join Bloomberg Law

Lou Andreozzi and Larry D. Thompson to Lead Expansion of Bloomberg’s Web-Based Legal Platform

New York, October 18, 2010 - Bloomberg today announced that Lou Andreozzi has joined the Company as chairman of Bloomberg Law and Larry D. Thompson, PhD, has joined as chief operating officer. Andreozzi and Thompson will play key leadership roles in the growth of Bloomberg Law, the innovative real-time legal research system from the world leader in data and information services.

In his new role, Andreozzi will provide strategic leadership for Bloomberg Law aimed at driving the platform’s expansion in the legal research industry. He is widely recognized as a leader in the field of legal research, most recently serving as CEO of IQNavigator, Inc., and is a former CEO of LexisNexis North American Legal Markets.

Thompson will be responsible for the day-to-day operations of Bloomberg Law including go-to-market, sales, content, data and relationships. He most recently was Senior Partner with The Sterling Group 925 LLC, and formerly served as Senior Vice President at LexisNexis.

“Lou Andreozzi and Larry Thompson are among the top executives in the field of legal research and together they bring extraordinary strategic expertise and deep market knowledge to Bloomberg Law,” said Beth Mazzeo, head of Data Products for Bloomberg. “With the recent completion of our successful pilot phase, we are excited to move forward with Lou and Larry at the helm. It is a pleasure to welcome them to Bloomberg Law.”

“Bloomberg Law is breaking new ground in the world of legal research by bringing to lawyers, through the Web, the same innovative technology and analytics that set Bloomberg apart in the financial world,” said Andreozzi. “I am delighted to be part of the team that will take Bloomberg Law to the next level.”

“Bloomberg Law is a formidable product, and I am confident it will change the legal research playing field with its expertise in data, technology and its extraordinary financial news and business analysis,” said Thompson. “Bloomberg Law has the flexibility of a stand-alone product with access to Bloomberg’s world-class resources and delivered to the legal profession in an intuitive interface.”

Constantin Cotzias, who oversaw the successful launch of Bloomberg Law, is returning to London to be part of the senior leadership team in Bloomberg Europe, where he will head Government and Regulatory Affairs and government business development and strategy in Europe. Cotzias played a critical role in shaping Bloomberg Law’s development and the introduction of the platform to over 90 percent of the top 100 U.S. law firms.

In the newly created role, Cotzias will take advantage of Bloomberg’s presence in Europe to expand Bloomberg’s Government Affairs division. He will help coordinate the Company’s government affairs efforts around the globe, and will help broaden Bloomberg’s product offerings for government. Cotzias’ team will monitor government initiatives and public policy development globally, assisting the business team and Bloomberg customers in assessing impact.

Andreozzi spent over 10 years at LexisNexis. As CEO of North American Legal Markets, his portfolio included some of the most prominent legal products and brands including the Lexis online service, Shepard’s, Matthew Bender, Martindale-Hubbell and lawyers.com. Prior to becoming CEO, Andreozzi was General Counsel of LexisNexis.

Most recently, Andreozzi has been serving as president and chief executive officer of IQNavigator, Inc., a leading provider of services spend management software and managed services, and will continue to play a leadership role in the company. He also served as CEO of Inference Data, a leading software-as-a-service provider of solutions for legal data analysis and review. He has been a strategic advisor for ValueAct Capital, The Carlyle Group and Bain Capital on large media and technology deals. Andreozzi is a graduate of Rutgers University and received his JD from the Seton Hall School of Law.

Thompson has more than 25 years of experience as an executive in the legal publishing field, 12 of them with LexisNexis where he rose to the position of Senior Vice President, Business Development, Strategy & Marketing and Global Chief Marketing Officer. Prior to that, Thompson was Vice President for Sales and Marketing at Shepard’s/McGraw-Hill. Most recently, Thompson was Senior Partner with The Sterling Group 925 LLC, a boutique consulting firm that works within legal and professional markets assisting with strategy, sales, marketing, and business development efforts. He received a PhD in Mass Media and an MA in Telecommunications from Michigan State University and a BA from Montana State University.

Bloomberg Law

Bloomberg Law is the first real-time legal research system that integrates innovative search technology, comprehensive legal content, company and client information, and proprietary news all in one place. This collaborative workspace also includes a suite of new tools for more effective legal analysis and more productive client development. Bloomberg Law provides:

- Fast, accurate search results - Seamless integration of news, legal content and business information - Proprietary legal analysis that interprets key issues - Analytical tools that provide greater context to research - Unlimited searching, sharing and collaboration - Unique information for client development

About Bloomberg

Bloomberg is the world’s most trusted source of information for financial professionals and businesses. Bloomberg combines innovative technology with unmatched analytic, data, news, display and distribution capabilities, to deliver critical information via the Bloomberg Professional service and multimedia platforms. Bloomberg’s media properties span television, radio, digital and print, making up one of the world’s largest news organizations with more than 2,300 news and multimedia professionals at 146 bureaus in 72 countries.

CONTACT Jill Goodkind Bloomberg +1 212-617-3669 jgoodkind@bloomberg.net

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