---------- Forwarded message ----------
Date: Fri, 27 Oct 2000 14:29:09 +0200
From: Sarah Kellman <skellman@SWETS.NL>
Subject: Swets Blackwell acquires Munksgaard Direct

PRESS RELEASE

Lisse and Copenhagen, 27 October 2000

Swets Blackwell acquires Munksgaard Direct

Swets Blackwell and Munksgaard announced today the signing of an agreement
stating that Swets Blackwell have acquired Munksgaard Direct, the book and
subscription service division of the Munksgaard Group.  The agreement is
effective from October 2000, and will result in Swets Blackwell becoming
Denmark's leading agent within the business of subscription, database and
electronic information services.

Swets Blackwell currently maintains an office in Glostrup, Denmark, but will
move their operations to Copenhagen.  The turnover of Swets Blackwell
Denmark will be 160 million Danish kroner (nearly 18 million US$).
Integration of Munksgaard Direct's activities into Swets Blackwell Denmark
will take place over the next 7- 8 months. All current employees of
Munksgaard Direct will transition into the new company, bringing the total
number of staff to 40.

The Manager of Swets Blackwell's Glostrup office, Peter Munksgaard (no
relation), will remain the manager of the new, expanded operation. He
commented: "It is exciting to see Denmark's two leading agents combine
forces.  This agreement will result in Swets Blackwell's being able to offer
an even higher level of service for our customers in Denmark than ever
before. "

Since its founding in 1917, Munksgaard has evolved from a traditional
bookseller to an international supplier of books, journals and electronic
media. Their publishing division, Munksgaard International Publishers, will
remain separate from Swets Blackwell. More information on Munksgaard Direct
can be found by visiting www.munksgaard.dk.

Swets Blackwell is the single largest subscription agent in the world,
handling 2 million subscriptions annually from a database containing nearly
250,000 titles from over 65,000 publishers.  Swets Blackwell communicates in
25 languages with over 60,000 academic, research & development, medical,
corporate and government library customers through their branches in 19
countries across five continents.

Note to Editors:
For further information on Swets Blackwell please contact Sarah Kellman,
Communication Executive.
Tel:  +31 252 435 584
Fax: +31 252 415 888
Email: press@nl.swetsblackwell.com
www.swetsblackwell.com

For more information about Munksgaard please contact Bjarne Ponikowski,
Director.
Tel:  + 45 77 33 32 64
Fax: + 45 77 33 33 88
Email: bpo@munksgaard.dk