LexisNexis and American Bar Association Section of Taxation Renew Sponsorship Agreement.

DAYTON, Ohio -- LexisNexis U.S. today announced the continuation of its relationship with the American Bar Association (ABA) Section of Taxation in providing tax professionals with access to critical and timely information, as well as solutions that streamline processes and improve work efficiencies. Under the sponsorship arrangement, which is going into the seventh year, LexisNexis will serve as a primary corporate sponsor of the ABA Section of Taxation until July 2008.

More than ever, tax professionals need to be informed of new, substantive administrative and procedural developments in tax law, as well as changes to the tax code. In response, the ABA Section of Taxation and LexisNexis will collaborate to continue providing Comm-Online, an online resource offering immediate access to cutting-edge program materials developed by the nation's leading tax practitioners for Section members. These materials are available through both the Section website, abanet.org/tax, and the LexisNexis services at lexis.com(R). In addition to Comm-Online, the Tax Section and LexisNexis will jointly develop programs that provide special benefits to Section members.

"We are pleased that the Tax Section's relationship with LexisNexis continues to grow and develop," said Dennis B. Drapkin, Chair of the American Bar Association's Section of Taxation. "The products that we provide our members are a terrific combination of the resources that both organizations offer. They add significant value to the larger body of legal tax resources available to practitioners and others interested in tax issues."

According to Charles Ter Bush, vice president of the Tax and Accounting market, LexisNexis, "The Section represents the collected knowledge of the legal profession in matters of sound tax practice and policy. Working closely with the Section and our Advisory Board is an effective way to support the Section's efforts to build this knowledge base by facilitating discussion and communication among its members. The partnership also greatly assists LexisNexis in building products and services that meet the needs of tax professionals."

About the American Bar Association Section of Taxation and the American Bar Assn.

The American Bar Association Section of Taxation is the national voice of tax lawyers with approximately 18,000 lawyers nationwide. Its goals include helping taxpayers better understand their rights and obligations under the tax laws and working to make the tax system fairer, simpler and easier to administer.

With more than 400,000 members, the American Bar Association is the largest voluntary professional membership organization in the world. As the national voice of the legal profession, the ABA works to improve the administration of justice, promotes programs that assist lawyers and judges in their work, accredits law schools, provides continuing legal education, and works to build public understanding around the world of the importance of the rule of law in a democratic society.

About LexisNexis

LexisNexis(R) (www.lexisnexis.com) is a leader in comprehensive and authoritative legal, news and business information and tailored applications. A member of Reed Elsevier Group plc (NYSE:ENL)(NYSE:RUK) (www.reedelsevier.com), the company does business in 100 countries with 13,000 employees worldwide. In addition to its flagship Web-based Lexis(R) and Nexis(R) research services, the company includes some of the world's most respected legal publishers such as Martindale-Hubbell, Matthew Bender, Butterworths, JurisClasseur, Abeledo-Perrot and Orac.

In the United States, LexisNexis(R) (www.lexisnexis.com) offers an extensive range of products and services that guide professionals and businesses in making confident decisions. This includes online and print legal and regulatory research products, customized Web applications and critical e-filing services for legal professionals. In addition, the company provides products and customized tools that address job-specific and organization-wide information needs for corporations, information professionals, government agencies and libraries.