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April 27, 2007

Welcome to Experian - The Future of Advertising

Our vision is for Experian's people, data and technology to become a necessary part of every major consumer economy around the world. The recent demerger of Experian from GUS has enabled investors to participate directly in our future as an independent company. We look forward to continuing to develop our business for the benefit of all our stakeholders.

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Experian Group was in demand Monday 2nd April after a private equity consortium swooped for an overseas rival.See original article in the FT

Its shares advanced 3.2 per cent to 604½p – the biggest rise in a flat FTSE 100 – after Pacific Equity Partners and a Merrill Lynch buy-out fund agreed to acquire Veda Advantage, the biggest credit checking company in Australia and New Zealand, for $660m.

Although small, traders said, the deal highlighted the attraction of credit checking companies for buy-out funds.

Experian was rumoured to have been the subject of a £7bn bid from Thomas HLee and Bain before being demerged from GUS in October.

Analysts said the bid for Veda valued the company at 22 times earnings whereas Experian was trading on 18 times prospective earnings before Monday’s gains.

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