SNL Financial Signs Content Agreement With Property Finance Europe

Collaboration will add PFE's European news updates to SNL's real estate information service

Charlottesville, Va. (September 4, 2007) —SNL Financial, the leading provider of essential business intelligence on North American real estate securities, today announced an agreement with European real estate investment newsletter Property Finance Europe to provide some of PFE's content on listed European real estate to SNL's real estate information service.

Property Finance Europe will provide comprehensive news updates to SNL's electronic database, including coverage of Europe's rapidly expanding property companies and its burgeoning real estate investment trusts. This vital news will be accessible 24/7 for SNL subscribers at premier investment institutions in North America and around the world.

The two companies will also cooperate on marketing and distributing Property Finance Europe to the North American market.

"As North American investors increasingly 'internationalize' their portfolios, they need more current news and data on global real estate markets than they now receive," said Keven Lindemann, Director of SNL Real Estate. "Our arrangement with Property Finance Europe provides SNL Real Estate clients with unique access to a network of professional real estate journalists and commentators across Europe."

Added PFE Managing Editor and Founder Allan Saunderson: "We are delighted to work with such an established and successful information platform as SNL Financial, particularly at such an exciting time for investment real estate in continental Europe. Our collaboration with SNL complements PFE's mission to increase the transparency of real estate securities in continental Europe to English-speaking institutional investors worldwide."

For more about SNL Real Estate news, data and analytics, visit www.snl.com/real_estate/.

About SNL Financial

SNL collects, standardizes and disseminates all relevant corporate, financial, market and M&A data — plus news and analysis — for the energy, banking, specialized financial services, insurance, real estate and media & communications industries. For more information, visit www.SNL.com.

About PFE

Property Finance Europe is a twice-monthly, subscription-based newsletter, providing information and analysis on real estate investment in continental Europe, excluding the U.K. PFE is independent of any investing institution and is distributed online and in print to a rapidly expanding readership base focused on global institutional investors and their intermediaries. On the second and fourth Monday of every month, PFE goes out to 27,000 readers online, of which around 60% are located in North America, and to between 3,000 and 6,000 in print. Readers can request a free trial subscription online at www.pfeurope.eu.