• Rebalancing UBM's sources of revenue• Building leading positions in selected Business to Business Markets...  
         
  Acquisitions in 2005    
      £m  
    France Medical Press & Services 24  
    The Publican 21  
    Light Reading 15  
    Informex 13  
    ABI 12  
    Other (including Black Hat, Japan Jewellery Fair) 20  
     
 
      105  
     
 
         
  Disposals in 2005    
      £m  
    NOP 383  
    Five 248  
    Exchange & Mart/Auto Exchange 50  
    SDN 31  
    SIS 23  
     
 
      735  
     
 
         
  Financial Transactions in 2005    
      £m  
    Special Dividend 298  
    Convertible Buyback 133  
    Bond Buyback 102  
    Purchase of Ordinary Shares 17  
     
 
      550