VNU and Valcon issued a Correction to Offer Memorandum

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Overig advies 07/04/2006 19:54
Haarlem, the Netherlands, 7 April 2006 - VNU N.V. (ASE: VNU) and Valcon Acquisition B.V. ("Valcon") today issued a correction to the Offer Memorandum, dated 31 March 2006, relating to the public offer for all issued outstanding ordinary shares and 7% preferred shares in the capital of VNU.

- VNU N.V. (ASE: VNU) and Valcon Acquisition B.V. ("Valcon") today issued a correction to the Offer Memorandum, dated 31 March 2006, relating to the public offer for all issued outstanding ordinary shares and 7% preferred shares in the capital of VNU.
Section 12.1 of the Offer Memorandum incorrectly states that VNU´s issued share capital at 30 March 2006 amounted to EUR 54,141,253.20. As at 30 March 2006, VNU´s issued share capital amounted to EUR 54,138,226.00.

Section 12.3 of the Offer Memorandum incorrectly states that Stichting tot Beheer van de Prioriteitsaandelen in VNU N.V. (the "Priority Foundation") as well as the holders of the preferred B shares in the capital of VNU have committed themselves to respectively sell and transfer their shares to VNU on the Settlement Date or tender their shares under the Offer. This statement should not have been included in the Offer Memorandum. As set out in Section 5.4 of the Offer Memorandum, the Priority Foundation has, under the condition precedent of the Offer becoming unconditional, committed itself to transfer the priority shares in VNU held by it to Valcon on the Settlement Date. However, as of 31 March 2006 and the date hereof, none of the holders of preferred B shares in the capital of VNU has committed itself to transfer its shares to Valcon on the Settlement Date.

As set out in more detail in the Offer Memorandum, under the terms of the offer, VNU's shareholders have until 15:00 hours, Amsterdam time (9:00 hours, New York time), on 5 May 2006 to tender their shares in VNU under the Offer.



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