News .....Jan 31/02NEWS RELEASE
MOORE COMPLETES ACQUISITION OF
THE NIELSEN COMPANY
TORONTO, ON & STAMFORD, CT (January 31, 2002) – Robert G. Burton, President and
Chief Executive Officer of Moore Corporation Limited (TSE, NYSE: MCL) announced today that
the company has completed the purchase of privately held The Nielsen Company. As one of
the largest commercial printers in the Midwestern and Southeastern United States, Nielsen had
revenues of approximately $90 million in 2001. The transaction is expected to be accretive to
earnings and terms were not disclosed.
Nielsen operates from three state-of-the-art facilities located in Florence, KY; Raleigh-Durham,
NC; and Cincinnati, OH. The 730-employee company has a reputation as a customer-focused
quality-driven organization with a successful 75-year operating history. Specializing in producing
high quality commercial print, Nielsen’s product line includes annual reports, brochures,
catalogs, pharmaceutical inserts, and marketing and promotional material. Nielsen’s premiere
customer base includes numerous Fortune 500 companies in the consumer products,
pharmaceutical and financial services industries.
Mr. Burton stated:
“The completion of the Nielsen acquisition provides Moore with a platform to offer a commercial
print capability to our customers while also providing Nielsen’s existing customers with the
opportunity to benefit from Moore’s core products and services. I look forward to a swift
integration of Nielsen and I want to personally welcome all Nielsen employees to the Moore
family. I look forward to discussing this acquisition as well as our fourth quarter and full year
2001 results and 2002 outlook with investors on our February 14, 2002 conference call.”