CurtCo Media Confirms It Will Consider Sale of Robb Report Family of Publications; Engages Goldman Sachs to Market Publication Group Targeting Ultra-Wealthy.

NEW YORK -- CurtCo Media today confirmed that it has engaged Goldman Sachs to evaluate strategic alternatives for the Robb Report family of publications, which includes 16 publications ranging from the Robb Report, Worth, ShowBoats International, Art & Antiques, a series of vertical extensions and a Regional division specializing in geographic areas of significant affluence.

An acquisition involving the group, which caters to the ultra affluent "have more" demographic, would likely be one of the most significant transactions in recent memory for the magazine industry. Together the publications provide unmatched access to the ultra-affluent demographic, both through advertising and promotional events that have proven to be highly effective for an array of top-tier luxury goods companies.

CurtCo, which has a 20-year track record of developing publishing businesses, said conditions in the M&A market, the consistent above-industry-average performance of the business and the potential for further growth of the Robb Report brand under new ownership motivated it to explore its alternatives after years of fielding inquiries from potential suitors.

A sale would be the culmination of an intense five-year development program of vertical launches and acquisitions that have created a business with significant revenues and margins that are well above industry averages in the magazine industry. CurtCo and its financial sponsors Weston Presidio and TD Capital Communications Partners would realize the considerable value that has been created. The upside for the buyer would be significant, with the wealthy demographic the group reaches growing rapidly in the U.S. and around the world. New titles, international expansion and initiatives in the Internet and broadcast spaces could drive significant further growth. As they take the company to the next level, new ownership would likely retain and build upon the talents of the staff, many of whom have been with their magazines for years.

CurtCo began acquiring and developing vertical titles within the luxury lifestyle categories with its acquisition of the Robb Report in 2001. The expansion of the Robb Report franchise included the acquisitions of Worth magazine in 2003 and ShowBoats International, Gulfshore Life and Sarasota magazines in 2004, and San Diego magazine in 2005, as well as the development of The Robb Report Collection and the launches of Robb Report Vacation Homes, Robb Report MotorCycling, Robb Report Luxury Home, Robb Report Home Entertainment and CurtCo's Digital TV and Sound. Most recently the company acquired Art & Antiques.

CurtCo Media

For two decades, CurtCo Media has invested in and operated more than 45 launched or acquired vertical magazines. Today, CurtCo serves the ultra luxury markets with a powerful network of leading lifestyle publications. These include the world's most acclaimed journal of connoisseurship, Robb Report, as well as Worth, ShowBoats International, The Robb Report Collection, Robb Report Home Entertainment, Robb Report MotorCycling, Robb Report Luxury Home, Robb Report Vacation Homes, Robb Report Russia, CurtCo's Digital TV & Sound, San Diego Magazine, Gulfshore Life, Sarasota Magazine and a family of regional titles serving some of Florida's most exclusive markets. For more information on CurtCo Media, go to www.curtco.com (http://www.curtco.com/).

Weston Presidio

Weston Presidio provides growth capital to companies with exceptional management teams across a wide range of industries. Since its founding in 1991, Weston Presidio has raised over $3.3 billion in capital through five investment funds. Its experienced team has helped identify, build and maximize value in over 300 leading growth companies. With offices in San Francisco, Boston and Menlo Park, Weston Presidio invests throughout the United States. For more information, go to www.westonpresidio.com (http://www.westonpresidio.com/).

TD Capital Communications Partners

Established more than 35 years ago, TD Capital is the private equity arm of TD Bank Financial Group. For more information on TD Capital and its investment groups, go to www.tdcapital.com (http://www.tdcapital.com/).