EUROMONEY INSTITUTIONAL INVESTOR PLC

PRE-CLOSE TRADING UPDATE

September 24, 2008

Euromoney Institutional Investor PLC("Euromoney"), the international publishing, events andelectronic information group,today issuedits pre-close trading update ahead of the announcement of its results for the year to September 30, 2008.

Sinceissuing its Interim Management Statement on July 22, 2008, tradingin the second halfhascontinued to beencouragingwith strong performances from subscription revenues and from emerging markets. Trading in the key month of September, which is particularly important for advertising revenues, has held up well.

Following thisstrong performance,Euromoneyexpects to announce an adjusted profit before tax* of not less than £64 million for the year to September 30, 2008(2007: £55.5million), ahead of market expectations and a recordfor the group.Therecentextraordinary events experienced by financial marketsare not expected tohaveanymaterial impact on the results for the2008 financialyear.

At current exchange rates, net debt atSeptember30,2008is expected to be notmorethan £180 million, reflecting the group's excellentoperatingcash flowsduring the year.

The year end results will be announced on the morning of November 13, 2008, followed byan analyst presentation and investor meetings.

* Adjusted profit before tax is profit before tax, acquired intangible amortisation, exceptional items, net movement in acquisition option commitments,imputed interest on acquisition option commitments, and foreign exchange gains or losses on tax equalisation contracts.

Padraic Fallon

Chairman

September24,2008

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For further information, please contact:

Euromoney Institutional Investor PLC

Padraic Fallon, Chairman: +44 20 7779 8556;

Colin Jones, Finance Director: +44 20 7779 8845;

Richard Ensor Managing Director+44 20 7779 8845;

Financial Dynamics

Charles Palmer: +44 207269 7180;

NOTE TO EDITORS

About Euromoney Institutional Investor PLC(www.euromoneyplc.com)

Euromoney Institutional Investor PLC is listed on the London Stock Exchange and a member of the FTSE-250 shareindex. It is a leading international business-to-business media groupfocused primarily on the international finance,metals and commodities sectors. It publishes more than 70 magazines, newsletters and journals, includingEuromoney, Institutional Investor, andMetal Bulletin. It also runs an extensive portfolio of conferences, seminarsand training courses and is a leading provider of electronic information and data covering international finance,metals and emerging markets. Its main offices are inLondon,New YorkandHong Kongandmore than a third ofitsrevenues arederivedfromemerging markets.

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