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UBM plc has provided a guarantee for the outstanding liabilities of the following subsidiaries at 31 December 2012. With this guarantee, the subsidiaries are exempt from the requirements relating to the audit of accounts under section 479A of the Companies Act 2006.

Subsidiary name Registered number Subsidiary name Registered number

Air Cargo Management System Limited 3548694 MWFWAHC Investments No 2 Limited FC025350

ASM International Limited 3637566 Nexusgrove Investments Limited 6574641

Aztecgem 3277729 OAG Holdings Limited 4154381

Building Services Publications Limited 657176 OAG Worldwide Group Limited 4226674

CMP Information (2004) Limited 4002606 RDG Solutions Limited 5713984

CMPi Group Limited 2439634 The Builder Group Limited 118651

CMPi Holdings Limited 239142 UBM (GP) No 1 Limited 3259390

DIVX Express Limited 3212879 UBM (GP) No 3 Limited 3273764

E Commerce Expo Limited 5821012 UBM (Jersey) Limited FC023710

Hirecorp Limited 4790559 UBM Conferences Limited 5939617

Lead-In Research Limited 3997380 UBM UK LLC FC026045

Ludgate USA LLC FC026985 UBMG Services Limited 3666160

Miller Freeman Investments I Limited FC023711 UNM International Holdings Limited 003172V Miller Freeman Investments II Limited FC023712 UNM Overseas Holdings Limited 003171V

Financial statements

Independent auditor’s report

to the members of UBM plc

We have audited the parent company financial statements of UBM plc for the year ended 31 December 2012 which comprise the parent company profit and loss account, the parent company balance sheet and the related notes 1 to 16. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards.

This report is made solely to the Company’s members, as a body, in accordance with Article 113A of the Companies (Jersey) Law 1991 and our engagement letter dated 28 February 2011. Our audit work has been undertaken so that we might state to the Company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

Respective responsibilities of directors and auditors

As explained more fully in the Directors’ responsibilities statement set out on page 69, the directors are responsible for the preparation of the parent company financial statements and for being satisfied that they give a true and fair view. Our responsibility is to audit and express an opinion on the parent company financial statements in accordance with applicable law and International Standards on Auditing (UK and Ireland). Those standards require us to comply with the Auditing Practices Board’s Ethical Standards for Auditors.

In addition, the Company has also instructed us to report to you our opinion on:

• whether the section of the Directors’ remuneration report that is described as audited has been properly prepared in accordance with the basis of preparation described therein; and

• whether the information given in the Directors’ report for the financial year for which the financial statements are prepared is consistent with the parent company financial statements.

Scope of the audit of the financial statements

An audit involves obtaining evidence about the amounts and disclosures in the financial statements sufficient to give reasonable assurance that the financial statements are free from material misstatement, whether caused by fraud or error. This includes an assessment of: whether the accounting policies are appropriate to the Company’s circumstances and have been consistently applied and adequately disclosed; the reasonableness of significant accounting estimates made by the directors; and the overall presentation of the financial statements. In addition, we read all the financial and non-financial information in the directors’ report to identify material inconsistencies with the audited financial statements. If we become aware of any apparent material misstatements or inconsistencies we consider the implications for our report.

Opinion on financial statements

In our opinion the parent company financial statements:

• give a true and fair view of the state of the Company’s affairs as at 31 December 2012 and of its loss for the year then ended; • have been properly prepared in accordance with United Kingdom Accounting Standards; and

• have been prepared in accordance with the requirements of the Companies (Jersey) Law 1991.

Opinion on other matters

In our opinion:

• the part of the Directors’ remuneration report that has been described as audited has been properly prepared in accordance with the basis of preparation as described therein; and

• the information given in the Directors' report for the financial year for which the parent company financial statements are prepared is consistent with the parent company financial statements.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Companies (Jersey) Law 1991 requires us to report to you if, in our opinion: • proper accounting records have not been kept, or proper returns adequate for our audit have not been received from branches not visited by us; or • the financial statements are not in agreement with the accounting records and returns; or

• we have not received all the information and explanations we require for our audit.

Other matters

We have reported separately on the Group financial statements of UBM plc for the year ended 31 December 2012.

Alison Duncan

for and on behalf of Ernst & Young LLP London

1 March 2013 Notes:

1 _{The maintenance and integrity of the UBM plc website is the responsibility of the directors; the work carried out by the auditors does not involve consideration of these matters and,} accordingly, the auditors accept no responsibility for any changes that may have occurred to the financial statements since they were initially presented on the website.