Final agreement on sale of ISBW to Schouten & Nelissen


Wolters Kluwer announced today that it has reached a final agreement with Schouten & Nelissen on the sale of ISBW Opleiding & training. Financial details of the deal will not be disclosed.
ISBW Opleiding & Training is a well-established Dutch institute for professional training for managers. ISBW, located in Houten, the Netherlands, has yearly revenues (2002) of approximately EUR 16 million and employs 90 people.

The sale of ISBW is the outcome of the strategy of Wolters Kluwer to focus on its core activities: Legal, Tax & Business, Health and Education. As previously announced, the professional training activities no longer fit into this strategy. With the sale of ISBW, the divestment of the professional training division is completed.

With the acquisition of ISBW, the Schouten & Nelissen Groep further expands its offerings in the area of organisation development. The Schouten & Nelissen Groep has been an independent and highly recognized institute for more than twenty years. The Schouten & Nelissen Groep focuses on the development of people and organizations, with training, education, coaching, guidance, implementation and counseling. The Schouten & Nelissen Groep, located in Zaltbommel (The Netherlands), employs more than 600 people.

Note for the editor
Wolters Kluwer is a multinational information services company with annual revenues (2002) of more than EUR 3.9 billion, employing almost 20,000 people in Europe, North America, and Asia Pacific. The company's core activities are Legal, Tax & Business, Health and Education. Wolters Kluwer's shares are quoted on the Euronext Amsterdam and are included in the AEX and Euronext 100 indices.

Internet: www.wolterskluwer.com, www.isbw.nl, www.sn.nl

For more information, please contact:

Wolters Kluwer
Press:
Caroline Wouters, tel. +31 20 6070 459
e-mail: press@wolterskluwer.com (press)

Analysts/Investors:
Oya Yavuz, tel. +31 20 6070 407
e-mail: ir@wolterskluwer.com (investor relations)

For the Schouten & Nelissen Groep:
Astrid van der Put, tel. +31 418 688551