-------- Original Message --------
Subject: Taylor & Francis plc acquires Gordon and Breach Publishing
Group
Date: Wed, 14 Feb 2001 16:34:56 +0000
From: Beverley Acreman <beverley.acreman@TANDF.CO.UK>

Dear Sir/Madam

*Apologies for cross posting*

Taylor & Francis Group plc acquires Gordon and Breach Publishing Group

Taylor & Francis Group plc are pleased to announce the acquisition of
all
of the publishing activities of the Gordon and Breach Publishing Group
(including Harwood Academic but excluding art book and magazine
publishing).

Gordon and Breach publish over 250 journals and approximately 100 books
each year.

Taylor & Francis, academic journal and book publishers for more than 200
years, will apply their experience to the Gordon and Breach journal
publishing programme to ensure that the excellent academic content is
made
available to the academic community in a more predictable and manageable
manner.

Historically, Gordon and Breach have employed a system which has enabled
them to publish academic research papers as they are received, but the
variable flow of papers in any given year has lead to a lack of
uncertainty
of cost for the subscriber.  In addition, volume start dates have not
necessarily been linked to calendar years.

It is Taylor & Francis' intention to review the entire publishing
programme
in order to:

o       Establish the number of pages, issues and volumes in a given
year
o       Publish volumes on a calendar year basis
o       Establish a fixed annual subscription price so that there is no
need for
supplementary billing
o       Consider the current and future pricing strategy
o       Establish online availability of all possible titles

These proposed changes are designed to alleviate any of the problems
that
the library community, in particular, may have experienced, and to
enhance
the overall quality of service to subscribers.  It is hoped to implement
these strategies as early as possible beginning in 2002.

Commenting on the acquisition, Anthony Selvey, Chief Executive of the
Taylor & Francis Group, said:

"Since its flotation in May 1998, Taylor & Francis has acquired five
publishing groups adding over 650 journals and enlarging our book lists
by
more than 10,000 titles. All of these acquisitions have been earnings
enhancing in the first full year, demonstrating our ability to identify,
acquire and integrate complementary businesses.

"The acquisition of such a complementary portfolio of journals and books
further strengthens our position in many of our core subject areas and
extends the base from which we can continue to build the Group
organically.
 The purchase of G&B is consistent with our strategy of expanding our
scientific, academic and professional book and journal publishing
through
acquisition as well as organic growth."

For further information contact:
Keith Courtney,
Sales Director, Taylor & Francis Ltd
Telephone +44 (0) 20 7842 2073
Facsimile +44 (0) 20 7842 2261
e-mail keith.courtney@tandf.co.uk

Date  14th February 2001

Beverley Acreman
Marketing Director
Taylor & Francis Ltd

www.tandf.co.uk/journals
+44 (0) 171 842 2349
+44 (0) 171 842 2391 (Fax)

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