RNS Number:7341I
Sterling Publishing Group PLC
14 March 2003

STERLING PUBLSISHING GROUP PLC



Sterling Publishing Group plc (the "Company") announces that on 13 March 2003 it
completed the purchase of the entire issued share capital of Analysis and
Networking Limited ("ANL"), a conference producer specialising in the
pharmaceuticals sector and trading as "Vision in Business".  ANL commenced
trading in October 2002 and has not yet published audited accounts.

The initial consideration for ANL is #370,000. Of this, #270,000 was satisfied
on completion, #218,255.83 in cash and #51,744.17 by the issue of 718,669 new
ordinary shares in the capital of the Company at a value of 7.2p per share. The
balance of the initial consideration, being up to #100,000, is to be satisfied
by the issue of further new ordinary shares in the capital of the Company at a
value of 7.2p per share in two tranches, the exact levels of which are dependent
upon the confirmation of potential outstanding liabilities. The first tranche,
of not more than #50,000, will be satisfied 3 months after completion. The
second tranche, of not more than #50,000, will be satisfied on 31 October 2003.
In addition to the initial consideration paid on completion, a further sum of
approximately #118,772 was paid at completion to allow ANL to settle certain
outstanding liabilities.

Additional consideration may become payable dependent on the profits before tax
of ANL over the two years ending 31 March 2005. The additional consideration
will be calculated by reference to the lower of four times the profits before
tax for the year ending 31 March 2005 and six times the average profits before
tax for the two years ending 31 March 2005, less the initial consideration paid.
  The additional consideration is capped at a maximum of # 976,256.

Commenting on the acquisition Christopher Haines, Chairman said "The addition of
a conference producer is a natural step in our strategy of developing additional
channels to bring buyers and sellers together worldwide".






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