BOARD OF DIRECTORS APPOINTED TO COGNIZANT CORPORATION AND "NEW" DUN & BRADSTREET.

WILTON, CONN.--(BUSINESS WIRE)--June 25, 1996--Dun & Bradstreet, which in January announced plans to split into three publicly traded companies, today announced initial board of director appointments for Cognizant Corporation and the "new" Dun & Bradstreet. "Today's D&B board is world class," said Robert E. Weissman, chairman and CEO of Dun & Bradstreet. "Our plan is to leverage the board's strength effectively. Distributing their expertise assures that we continue to benefit from the leadership of these talented individuals," said Weissman.

COGNIZANT CORPORATION

Cognizant's board will initially include five individuals who are currently members of the D&B board. Along with Weissman, who will serve as chairman and CEO of Cognizant, the directors are:

-- Clifford L. Alexander, Jr., president of Alexander &

Associates, Inc.;

-- Robert J. Lanigan, chairman emeritus and former chairman

and CEO of Owens-Illinois, Inc.;

-- James R. Peterson, former president and CEO of

The Parker Pen Company; and,

-- M. Bernard Puckett, former president and CEO of

Mobile Telecommunication Technologies Corp. (Mtel).

New outside directors for Cognizant are expected to be announced in July.

The four D&B directors and Weissman will join the Cognizant board prior to the completion of the company's spin-off from Dun & Bradstreet, currently scheduled for October 1996. Along with Weissman, Puckett will resign from the D&B board on the spin-off date. Alexander, Lanigan and Peterson have agreed to serve on both the Cognizant and the "new" D&B boards.

THE "NEW" DUN & BRADSTREET CORPORATION

As previously announced, Volney Taylor, an executive vice president and a director of D&B, will be chairman and CEO of the "new" Dun & Bradstreet Corporation. The "new" D&B directors are:

-- Hall "Cap" Adams, Jr., former chairman and CEO of Leo Burnett 

Company, Inc.;

-- Clifford L. Alexander, Jr.;

-- Mary Johnston Evans, former vice chairman of the board of

AMTRAK (National Railroad Passenger Corporation);

-- Robert J. Lanigan;

-- Vernon R. Loucks, Jr., chairman and CEO of Baxter

International Inc.;

-- John R. Meyer, professor at the Center for Business & Government

at Harvard University;

-- James R. Peterson, and,

-- Michael R. Quinlan, chairman and CEO of McDonald's Corporation.

"This represents another key step in D&B's transformation into three public companies," said Weissman. "Initial board members are in place at Cognizant and 'new' D&B, and ACNielsen will soon follow suit. Executive management teams are appointed at the three companies. Further, our first-quarter pro forma financials demonstrate improved operating and EPS performances. D&B's strategy is not only on target, but already delivering," concluded Weissman.

The Dun & Bradstreet Corporation is the world's largest marketer of information, software and services for business decision making, with worldwide revenue of $5.4 billion in 1995.

CONTACT: Reid H. Gearhart

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