The Nielsen Company Reports Third Quarter 2007 Results

New York, US and Haarlem, The Netherlands - November 14, 2007– The Nielsen Company B.V., a leading global information and media company, today announced its financial results for the third quarter and the nine months ended September 30, 2007.

Reported revenues for the third quarter were $1,188 million, an increase of 11% over revenues for third quarter 2006 of $1,070 million. Excluding the impact of currency fluctuations*, and the deferred revenue adjustment in 2006, third quarter revenues increased 7%. Reported revenues for the nine months ended September 30, 2007 were $3,429  million, up 11% over the pro forma** revenues for the nine months ended September 30, 2006 of $3,089 million. Excluding the impact of currency fluctuations*, and the deferred revenue adjustment in 2006, revenues for the nine months increased 6%.

Reported operating income for the third quarter of 2007 was $77 million compared to pro forma*** operating income of $90 million in the third quarter 2006. The third quarter 2007 results were negatively impacted by $79 million in restructuring costs.  The third quarter 2006 pro forma*** results were impacted by $43 million in compensation agreements and recruiting expenses for certain corporate executives, and $11 million from the deferred revenue adjustment.

For the first nine months of 2007 reported operating income was $233 million compared to pro forma** operating income for the first nine months of 2006 of $196 million. The nine month 2007 results were negatively impacted by $134 million in restructuring charges and $16 million in connection with compensation agreements and recruiting expenses for certain corporate executives. The nine month pro forma** 2006 operating income of $196 million was impacted by $74 million from the deferred revenue adjustment and $43 million in compensation agreements and recruiting expenses for certain corporate executives.

Covenant earnings before interest, taxes, depreciation and amortization and other adjustments permitted under our senior secured credit facilities (“Covenant EBITDA”) was $1,223 million for the twelve month period ended September 30, 2007. Covenant EBITDA is a non – GAAP measure. Refer to page 5 for a reconciliation of loss from continuing operations for the twelve month period ended September 30, 2007 to Covenant EBITDA.

Finances

As of September 30, 2007, total debt was $8.3 billion, and cash balances were $340 million. Capital expenditures were $185 million from January 1, 2007 to September 30, 2007 compared with $84 million in the Successor period from May 24, 2006 to September 30, 2006 and $69 million in the Predecessor period from January 1, 2006 to May 23, 2006.

Conference Call and Webcast

The Nielsen Company will hold an earnings conference call, hosted by The Nielsen Company’s Chairman and Chief Executive Officer David L. Calhoun, and Chief Financial Officer Brian J. West at 9:00 a.m. U.S. Eastern Daylight Time (EDT) on Wednesday, November 14, 2007. The call will be audio-webcast live at www.nielsen.com, and an archive will be available on the website after the call. In addition, a link to the company’s financial report has been posted at www.nielsen.com.

Forward-looking Statements

This news release includes information that could constitute forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These statements may be identified by words such as ‘expect’, ‘should’, ‘could’, ‘shall’ and similar expressions. These statements are subject to risks and uncertainties, and actual results and events could differ materially from what presently is expected. Factors leading thereto may include without limitations general economic conditions, conditions in the markets Nielsen is engaged in, behavior of customers, suppliers and competitors, technological developments, as well as legal and regulatory rules affecting Nielsen’s business. This list of factors is not intended to be exhaustive. We assume no obligation to update any written or oral forward-looking statement made by us or on our behalf as a result of new information, future events or other factors.

About The Nielsen Company

Nielsen is a global information and media company with leading market positions and recognized brands in marketing information (ACNielsen), media information (Nielsen Media Research), business publications (Billboard and The Hollywood Reporter) and trade shows. The privately held company is active in more than 100 countries, with headquarters in New York, USA, and Haarlem, the Netherlands.

NOTE: Additional detail regarding results (tables, etc.), can be found in the PDF download version of this release.

* Constant currency growth rates eliminate the impact of year-over-year foreign currency fluctuations.

** The unaudited pro forma presentation for the nine months ended September 30, 2006 reflects the Predecessor period from January 1, 2006 to May 23, 2006 preceding the Valcon Acquisition adjusted to reflect the pro forma effect of the Valcon Acquisition and its related financing as if it had occurred on January 1, 2006.

*** The unaudited pro forma presentation for the three months ended September 30, 2006 following the Valcon Acquisition adjusted to reflect the pro forma effect of the Valcon Acquisition and its related financing as if it had occurred on January 1, 2006.

Management believes this is the most meaningful way to comment on the results of its operations. The pro forma financial information is not necessarily indicative of the results of operations had the acquisition occurred on January 1, 2006 or the results of operations that may be obtained in the future.

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