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Independent research from ARGUS to be available to PRIMEDIA's Registered Rep. & Trusts & Estates readers

Leading Publications to Help Advisors with Independent Research New York - February 10, 2003 PRIMEDIA's Registered Rep. and Trusts and Estates magazines, and Argus Research announced an agreement today to make Argus’ independent research available to more than 130,000 financial advisors and brokers. This online extension of PRIMEDIA’s Financial Services Group publications is the first of its kind,

Leading Publications to Help Advisors with Independent Research

New York - February 10, 2003 PRIMEDIA's Registered Rep. and Trusts and Estates magazines, and Argus Research announced an agreement today to make Argus’ independent research available to more than 130,000 financial advisors and brokers.

This online extension of PRIMEDIA’s Financial Services Group publications is the first of its kind, offering users access to Argus’ pre-eminent independent research. Conflict of interest rules on Wall Street have brought the importance of independent research to the forefront and Registered Rep. and Trusts & Estates have responded by making these independent research reports available to its magazine and e-newsletter subscribers. The PRIMEDIA-branded version of Argus’ site includes reports such as Economy at a Glance, Viewpoint, Quarterly Viewpoint Outlook, Special Situations & Screens, Portfolio Selector, Market Watch and Weekly Staff Report. It includes the ability for users to view research on more than 300 public companies.

“Independent research is crucial in today’s financial business environment. This co-branded Argus Research site demonstrates PRIMEDIA’s dedication to providing its readers with relevant, quality content both in print and online,” said Rich Santos, publisher of Registered Rep. and Trusts & Estates

"Argus is pleased to provide a custom suite of its popular products to Registered Rep.'s sophisticated readers," said John M. Eade, President of Argus Research Company. "Through this program, Registered Rep. is ensuring that its readers will be able to benefit from Argus' independent insights, analyses, forecasts and ratings."

Argus is well known as a leading independent investment research firm. The company, founded in 1934, is a co-founder of the Investorside Research Association, and Eade serves as Vice Chairman. Argus' research and ratings have been tested for years not only by the marketplace, but also by independent rating agencies such as Zacks Investment Research and Investars. The data from the rating agencies consistently demonstrate that Argus's stock picks outperform the recommendations of the larger, world-class investment banks.

Readers can access certain information for free beginning February 10, 2003, on the registeredrep.com site and the Wealth Management Letter (an e-newsletter reaching more than 35,000 financial advisors). Readers will be able to subscribe to the complete customized service for $75 per month, with a free first month introductory offer. They may go directly to http://argusresearch.registeredrep.com to learn more about the research reports available and to subscribe.

About Argus Research Company

Argus Research is a forward-thinking, long-standing independent investment research firm that offers forecasts and ratings on the U.S. economy, interest rates and hundreds of leading blue chip companies. It employs a rigorous six-point framework to analyze the companies in its Universe of Coverage, including meetings with senior management. Argus Research provides continuous analysis via the Internet, its daily notes service, in-depth reports, and conference calls and consultations. More information about Argus Research can be found at www.argusresearch.com.

About PRIMEDIA’s Registered Rep. Magazine

Registered Rep. is the preferred magazine of retail investment professionals. Each monthly issue reaches more than 93,000 loyal subscribers who control trillions of dollars of assets for more than 30 million investors. These powerful financial advisers are licensed to sell a broad range of investment products and rely on Registered Rep.'s rich portfolio of timely features, articles, departments and columns. Registered Rep. is part of PRIMEDIA's Financial Services group that also includes Registered Rep., National Real Estate Investor and Shopping Center World More information about Registered Rep. can be found at www.registeredrep.com.

About PRIMEDIA’s Trusts & Estates Magazine

Published since 1904, PRIMEDIA’s Trusts & Estates is the nation’s most prestigious publication for estate-planning and wealth-management professionals today. Subscribers to this glossy monthly magazine influence $40 trillion in assets and serve 11 million clients. Readers include trusts and estates lawyers, trust bankers and officers, accountants, investment and insurance advisers, financial planners and key decision-makers at non-profit institutions, foundations, government agencies and educational institutions. Trusts & Estates is part of PRIMEDIA’s Financial Services Group that also includes Registered Rep., National Real Estate Investor and Shopping Center World.More information about Trusts & Estates can be found at www.trustsandestates.com.

About PRIMEDIA

One of the world's most innovative media companies, PRIMEDIA is pioneering the concept of targeted scale through its combination of traditional and new media properties. The company capitalizes on its focused content across print, television, the Internet and live events to offer highly effective integrated advertising and marketing solutions in some of the most sought after advertising demographic sectors including teens, automotive, outdoor, luxury, real estate and business-to-business segments. With 2001 sales from continuing businesses of $1.6 billion, PRIMEDIA is the #1 special interest magazine publisher in the U.S., producing more advertising and editorial pages through its more than 250 titles including Seventeen, Automobile, Motor Trend, New York, Fly Fisherman, Power & Motoryacht, Telephony, Ward's Auto World and American Demographics, than any other media company. It is also the #1 producer/distributor of specialty video with 18 satellite and digital video product lines, including Channel One Network; and the #1 news and information group on the Internet, led by About.com. PRIMEDIA's stock symbol is: NYSE: PRM. More information about the company can be found at http://www.primedia.com. PRIMEDIA's stock symbol is: NYSE: PRM.

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Media Contacts: Hawley Strait, 212-446-1877

[email protected]

Noelle Wojciehowski, 212-462-3658

[email protected]

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