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TMCNet:  Wolters Kluwer Intends to Issue a New Benchmark Eurobond and to Conditionally Call Its Perpetual Bonds in 2013

[February 20, 2013]

Wolters Kluwer Intends to Issue a New Benchmark Eurobond and to Conditionally Call Its Perpetual Bonds in 2013

(Thomson Reuters ONE via COMTEX) -- Alphen aan den Rijn (February 20, 2013) - Wolters Kluwer, a market-leading global information services company focused on professionals, today announced its intention to issue a benchmark Eurobond in the debt capital markets. Conditional on the successful completion of this Eurobond, the company intends to exercise a call option on its EUR225 million perpetual cumulative subordinated bonds in 2013.


Wolters Kluwer has mandated ABN Amro, Barclays, Rabobank International, and The Royal Bank of Scotland to arrange a series of European fixed income investor meetings from March 4 to March 6, 2013. A senior, unsecured capital markets transaction of benchmark size may follow, subject to market conditions.

The net proceeds of the bond will be used by Wolters Kluwer to refinance part of its 2014 Eurobond maturity and the call of the outstanding perpetual bonds in 2013. "The current environment with low underlying interest rates also provides an opportunity for attractive financing. On completion, the refinancing exercise will lower our effective interest rate starting 2014." says Boudewijn Beerkens, CFO and Member of Executive Board.

About Wolters Kluwer Wolters Kluwer is a leading global information services and solutions company. It provides information, software, and services that help legal, tax, finance, and healthcare professionals make their most critical decisions effectively and with confidence. Customers depend on Wolters Kluwer services and solutions to successfully move through the complex layers of data and regulation that define modern business and government.

Wolters Kluwer had 2012 annual revenues of EUR3.6 billion. The group employs over 19,000 people worldwide and maintains operations in over 40 countries across Europe, North America, Asia Pacific, and Latin America. The company is headquartered in Alphen aan den Rijn, the Netherlands. Wolters Kluwer shares are quoted on Euronext Amsterdam (symbol: WKL) and are included in the AEX and Euronext 100 indices.

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Forward-looking Statements This press release contains forward-looking statements. These statements may be identified by words such as "expect", "should", "could", "shall" and similar expressions. Wolters Kluwer cautions that such forward-looking statements are qualified by certain risks and uncertainties that could cause actual results and events to differ materially from what is contemplated by the forward-looking statements. Factors which could cause actual results to differ from these forward-looking statements may include, without limitation, general economic conditions; conditions in the markets in which Wolters Kluwer is engaged; behavior of customers, suppliers, and competitors; technological developments; the implementation and execution of new ICT systems or outsourcing; and legal, tax, and regulatory rules affecting Wolters Kluwer's businesses, as well as risks related to mergers, acquisitions, and divestments. In addition, financial risks such as currency movements, interest rate fluctuations, liquidity, and credit risks could influence future results. The foregoing list of factors should not be construed as exhaustive. Wolters Kluwer disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Media Investors/Analysts Caroline Wouters Meg Geldens t + 31 (0)172 641 459 t + 31 (0)172 641 407 press@wolterskluwer.com ir@wolterskluwer.com This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Wolters Kluwer NV via Thomson Reuters ONE HUG#1679516 PDF version of Press Release - http://hugin.info/130682/R/1679516/548474.pdf

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