NEWS

Network Communications, Inc. (NCI) acquires Today's Real Estate Guide

LAWRENCEVILLE, GA (Jan. 16, 2002) - Network Communications, Inc. (NCI), the leading publisher and provider of printed and online real estate information and advertising in North America, announced today that it had acquired Today's Real Estate Guide from English Communications, Inc. Today's Real Estate Guide is a publication featuring residential real estate information covering Lake, Sumter and Southern Marion counties in Florida.

NCI publishes over 400 residential real estate guides in the United States and Canada under The Real Estate Book brand. The Real Estate Book provides Realtors with the most effective vehicle to market their homes and services to prospective home buyers. In addition to the print publication, NCI operates the website, www.realestatebook.com, which attracts over 770,000 visitors per month, and a relocation center that fulfills over 750,000 book requests per year.

"Network Communications is the leader in real estate guides and this acquisition provides a perfect opportunity to extend our coverage in the Florida market" said Daniel McCarthy, President & CEO of Network Communications. "We are committed to expanding our existing brands. Today's Real Estate Guide has served its advertisers very well for years, and we are confident that by leveraging The Real Estate Book's national scope, website and ability to reach the relocation market, that we will be able to offer the realtors a powerful marketing vehicle that will drive additional leads for them."

NCI has publications serving the residential real estate, multifamily housing, and commercial real estate markets in over 500 cities across the United States and Canada. NCI's titles include The Real Estate Book, Apartment Finder, Apartment Blue Book, Mature Living Choices, New Home Finder, Unique Homes, Corporate Choices, Kansas City Homes & Gardens, and Black's Guide. Each brand also has a significant online presence and most titles can be found at www.LivingChoices.com.

For more information about the company log on to www.ncinfo.net.